LSI Industries price target raised to $26 from $22 at Canaccord

Canaccord raised the firm’s price target on LSI Industries (LYTS) to $26 from $22 and keeps a Buy rating on the shares. The firm noted they continued to build its business inorganically through the recently announced acquisition of EMI. Through long-term organic growth, prudent capital allocation, and a conscientious approach to M&A, Canaccord expects management to continue to reward long-term shareholders.