VirTra price target raised to $9 from $8 at Lake Street

Lake Street raised the firm’s price target on VirTra to $9 from $8 and keeps a Buy rating on the shares after VirTra reported revenue, AEBITDA, and EPS all above estimates in “another strong print” and its fourth consecutive quarter of better top and bottom line results. The firm believes investors continue to overlook the potential EPS power in the model as revenue ramps, the analyst tells investors.