LightPath price target raised to $10 from $8 at H.C. Wainwright

H.C. Wainwright raised the firm’s price target on LightPath (LPTH) to $10 from $8 and keeps a Buy rating on the shares following the fiscal Q1 report. The results were better than expected but investors “are more excited” about LightPath’s commentary surrounding the current sales pipeline, which includes several eight-figure revenue opportunities, the analyst tells investors in a research note.