1 week Ago By ABMN Staff
LightPath Technologies ( NASDAQ:LPTH – Free Report ) had its target price upped by LADENBURG THALM/SH SH from $3.00 to $5.00 in a research note published on Thursday, Benzinga reports.
The brokerage currently has a buy rating on the technology company’s stock. A number of other equities research analysts also recently commented on the company. StockNews.
com downgraded LightPath Technologies from a “hold” rating to a “sell” rating in a report on Wednesday, December 25th. HC Wainwright reiterated a “buy” rating and set a $3.00 target price on shares of LightPath Technologies in a research report on Friday, September 20th.
Finally, Lake Street Capital increased their price objective on shares of LightPath Technologies from $3.00 to $4.00 and gave the company a “buy” rating in a research note on Friday, December 27th.
Read Our Latest Stock Analysis on LightPath Technologies LightPath Technologies Trading Up 7.4 % Institutional Inflows and Outflows Several institutional investors have recently bought and sold shares of the business. AIGH Capital Management LLC boosted its position in shares of LightPath Technologies by 5.
7% in the second quarter. AIGH Capital Management LLC now owns 3,723,932 shares of the technology company’s stock worth $4,692,000 after acquiring an additional 200,000 shares during the last quarter. B.
Riley Wealth Advisors Inc. boosted its holdings in shares of LightPath Technologies by 104.7% in the 2nd quarter.
B. Riley Wealth Advisors Inc. now owns 131,824 shares of the technology company’s stock valued at $166,000 after purchasing an additional 67,429 shares during the last quarter.
Finally, Murphy Pohlad Asset Management LLC increased its stake in LightPath Technologies by 22.3% during the third quarter. Murphy Pohlad Asset Management LLC now owns 69,100 shares of the technology company’s stock worth $95,000 after acquiring an additional 12,600 shares during the last quarter.
56.29% of the stock is currently owned by institutional investors and hedge funds. About LightPath Technologies ( Get Free Report ) LightPath Technologies, Inc designs, develops, manufactures, and distributes optical components and assemblies.
The company offers precision molded glass aspheric optics, molded and diamond-turned infrared aspheric lenses, and other optical components used to produce products that manipulate light; and infrared products, including catalog and custom infrared optics. Recommended Stories Receive News & Ratings for LightPath Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for LightPath Technologies and related companies with MarketBeat.com's FREE daily email newsletter .
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