Roth MKM analyst Matt Koranda raised the firm’s price target on Byrna Technologies (BYRN) to $20 from $17 and keeps a Buy rating on the shares after hosting meetings with its management. The firm’s key takeaway was that the company remains on-track to deliver a strong Q4, and it sees the “CL” offering as driving a new product cycle and growth in FY25 and beyond, the analyst tells investors in a research note.
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