Zacks Upgrades Lantronix to Neutral (LTRX)
Lantronix (NASDAQ:LTRX) was upgraded by Zacks from an “underperform” rating to a “neutral” rating in a report released on Monday. The firm currently has a $1.90 price objective on the stock. Zacks‘s target price points to a potential upside of 1.60% from the company’s current price.
Shares of Lantronix (NASDAQ:LTRX) traded up 2.14% on Monday, hitting $1.91. The stock had a trading volume of 27,674 shares. Lantronix has a 52 week low of $1.31 and a 52 week high of $3.31. The stock has a 50-day moving average of $1.94 and a 200-day moving average of $2.07. The company’s market cap is $28.1 million.
Lantronix, Incdesigns, develops, markets and sells products that make it possible to access, manage, control and configure electronic products over the Internet or other networks.
To view Zacks’ full report, visit Zacks’ official website.
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