Lakeland Industries Eyes Turnaround: Analyst Highlights Comprehensive Fire Gear Portfolio
1. DA Davidson initiated coverage on LAKE with a $28 price target. 2. Lakeland is a major player in safety gear for hazardous environments. 3. Significant growth potential exists, focused on Fire segment expansion. 4. New CEO is leading a turnaround strategy for comprehensive offerings. 5. Projected FY25 revenues are $36.3 million, highlighting growth.