Stockchase Opinions

Kim Bolton Lantronix LTRX-Q BUY Feb 22, 2023

Small, $190M market cap. Solutions for video surveillance and traffic management. Internet of things products. SaaS software and engineering. Price target of $7.50, good runway ahead.

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RISKY
Price target is well north of where it's trading. Internet of things connectivity solutions, a really competitive field. Solid client base. SaaS works using a single SIM. To see it hit price target is a bit risky. (Analysts’ price target is $21.06)