Limbach Holding price target raised to $127 from $100 at Roth Capital

Roth Capital raised the firm’s price target on Limbach Holding (LMB) to $127 from $100 and keeps a Buy rating on the shares after its Q1 earnings beat. The company continues to execute, beating estimates in a seasonally slow quarter, and Roth believes its ODR – Owner Direct Relationships – segment and trusted partner strategy remains in early stages of development with substantial room for growth from several levers including sales people expansion, client penetration and new customers, the analyst tells investors in a research note.