H.C. Wainwright analyst Scott Buck maintained a Buy rating on Lightpath Technologies (LPTH – Research Report) today and set a price target of $3.00. The company’s shares closed yesterday at $1.55.
According to TipRanks, Buck is an analyst with an average return of -15.2% and a 31.20% success rate. Buck covers the Technology sector, focusing on stocks such as Mitek Systems, Yatra Online, and Mogo Finance Technology.
Currently, the analyst consensus on Lightpath Technologies is a Strong Buy with an average price target of $3.00.
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The company has a one-year high of $2.00 and a one-year low of $0.99. Currently, Lightpath Technologies has an average volume of 191.1K.
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LightPath Technologies, Inc. designs, develops, manufactures, and distributes optical and infrared components. Its products include molded glass and assemblies; infrared molded lenses, diamond turned, conventional ground and polished ground lenses and assemblies; and Gradium lenses. It supports a range of customers in the field of industrial, laser, defense, medical, telecommunications, and instrumentation. The company was founded on June 15, 1992 and is headquartered in Orlando, FL.
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