Lake Street upgraded Napco Security (NSSC) to Buy from Hold with a price target of $39, up from $26, after the company reported revenue and EPS above expectations, driven by equipment revenue outperformance. Although there remains some macro uncertainty, the firm thinks Q4 likely represented the last quarter of tough year-over-year comps for the equipment business and that it has better line of sight to a return to growth this year.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NSSC:
- Napco Security price target raised to $45 from $33 at DA Davidson
- Napco Security upgraded to Buy from Hold at Craig-Hallum
- Napco Security’s Compliance Challenges: Navigating the Costs and Risks of Public Company Operations
- NAPCO Security Technologies Reports Fiscal 2025 Results
- NSSC Earnings: Napco Security Technologies Stock Soars on Fiscal Q4 Beats