Craig-Hallum raised the firm’s price target on LSI Industries (LYTS) to $30 from $26 and keeps a Buy rating on the shares. The firm notes that LSI Industries reported another top-to-bottom beat with a strong bounce-back in organic revenue growth as the Grocery market is recovering after nearly two years of deferred investments due to the Kroger (KR)/Albertsons (ACI) merger that was terminated in December.
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