Lake Street raised the firm’s price target on VirTra to $16 from $13 and keeps a Buy rating on the shares. While “disappointed in the softer results” reported, the firm does not think there has been a significant change in VirTra’s story or growth opportunities, the analyst tells investors. The firm, which thinks VirTra can “eventually become a consistent, double-digit revenue grower,” believes the post-earnings selloff presents an attractive entry point.
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