.September 4, 2024 11:29:00 AM

Roth/MKM analysts reiterated a Buy rating and set a $27 price target for Lakeland Industries (NASDAQ:LAKE) stock. They noted the company’s focus on higher-value products like industrial and fire turnout gear, with U.S. fire services presenting a growth opportunity due to market fragmentation. LAKE is expected to achieve high single-digit organic growth and improve EBITDA margins above 15% through operational optimization and potential acquisitions. Analysts are optimistic about the company’s upcoming earnings report on September 5.