Napco Security price target raised to $40 from $32 at Lake Street

Lake Street analyst Jaeson Schmidt raised the firm’s price target on Napco Security to $40 from $32 and keeps a Buy rating on the shares, noting that Napco reported revenue, AEBITDA, and EPS above estimates for the fourth consecutive quarter. The firm, which said it was "impressed with another solid quarter of execution from Napco," thinks shares can "continue to grind higher as investors better appreciate" the significant EPS growth the company is set to show this year and next.