DA Davidson analyst Matt Summerville raised the firm’s price target on Napco Security (NSSC) to $50 from $45 and keeps a Buy rating on the shares. The firm is convinced that the recent price increases implemented within its Equipment offering are sticking without resistance, with volume poised to rise in FY26 at least modestly, the analyst tells investors in a research note. Napco’s RSR – recurring service revenue – trends also remain highly encouraging and the firm expects the Locking products to contribute to this highly profitable revenue stream heading deeper into FY27, DA Davidson added.
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