LSI Industries price target raised to $23 from $21 at Craig-Hallum

Craig-Hallum analyst Aaron Spychalla raised the firm’s price target on LSI Industries to $23 from $21 and keeps a Buy rating on the shares after the company reported “another across-the-board beat” in Q4. The firm has “increasing confidence” in the company’s reiterated FY28 targets for over $800M ini revenue and over $100M in EBTIDA, which it believes drives a much larger stock over time.