Lakeland Industries (NASDAQ:LAKE) Rating Increased to Buy at DA Davidson

DA Davidson upgraded shares of Lakeland Industries (NASDAQ:LAKE) from a neutral rating to a buy rating in a research report report published on Monday morning, MarketBeat Ratings reports. They currently have $14.00 target price on the medical instruments supplier’s stock, up from their prior target price of $10.00.

A number of other research analysts have also recently weighed in on the stock. Zacks Research upgraded shares of Lakeland Industries from a “strong sell” rating to a “hold” rating in a research note on Monday, February 9th. Weiss Ratings restated a “sell (d)” rating on shares of Lakeland Industries in a research note on Thursday, January 22nd. Finally, Lake Street Capital dropped their price target on shares of Lakeland Industries from $16.00 to $13.00 and set a “buy” rating on the stock in a research note on Friday. Three research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $15.20.

Lakeland Industries Stock Down 3.3%

LAKE opened at $10.83 on Monday. The company has a quick ratio of 1.36, a current ratio of 3.53 and a debt-to-equity ratio of 0.24. The stock has a market cap of $116.10 million, a price-to-earnings ratio of -4.20 and a beta of 1.34. Lakeland Industries has a twelve month low of $7.15 and a twelve month high of $20.50. The company’s 50-day moving average price is $8.96 and its two-hundred day moving average price is $11.27.

Institutional Trading of Lakeland Industries

Institutional investors have recently modified their holdings of the business. BNP Paribas Financial Markets lifted its stake in shares of Lakeland Industries by 87.8% during the 3rd quarter. BNP Paribas Financial Markets now owns 1,795 shares of the medical instruments supplier’s stock valued at $27,000 after buying an additional 839 shares in the last quarter. Tripletail Wealth Management LLC purchased a new stake in shares of Lakeland Industries during the 3rd quarter valued at approximately $49,000. Bank of America Corp DE lifted its stake in shares of Lakeland Industries by 189.9% during the 2nd quarter. Bank of America Corp DE now owns 4,177 shares of the medical instruments supplier’s stock valued at $57,000 after buying an additional 2,736 shares in the last quarter. JPMorgan Chase & Co. purchased a new stake in shares of Lakeland Industries during the 2nd quarter valued at approximately $59,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new stake in shares of Lakeland Industries during the 2nd quarter valued at approximately $68,000. 71.69% of the stock is currently owned by hedge funds and other institutional investors.

Lakeland Industries News Summary

Here are the key news stories impacting Lakeland Industries this week:

• Positive Sentiment: DA Davidson upgraded LAKE from “neutral” to “buy” and set a $14.00 price target, giving upside support vs. recent levels. This upgrade can attract buyers and provide near‑term technical support. DA Davidson Upgrade
• Neutral Sentiment: Lake Street Capital published a revised price target of $13.00 (a cut from its prior target). The new PT remains above current trading levels, so it offers mixed implications—less bullish than an upgrade but still indicates analyst interest. Lake Street Price Target Change
• Negative Sentiment: Multiple law firms (Rosen Law Firm, Faruqi & Faruqi, Bronstein Gewirtz & Grossman) are soliciting Lakeland investors and publicizing a federal securities‑class‑action and April 24 lead‑plaintiff deadline. These notices indicate active litigation risk tied to alleged disclosures during Dec 1, 2023–Dec 9, 2025; litigation can create settlement risk, legal costs, and share‑price pressure—especially for a small‑cap name. See representative filings/alerts: Rosen Law Firm Rosen Notice, Faruqi & Faruqi Faruqi Notice, Bronstein Gewirtz & Grossman Bronstein Notice

About Lakeland Industries

Lakeland Industries, Inc (NASDAQ:LAKE) is a global provider of high-performance protective apparel and accessories designed to safeguard workers in industrial, healthcare, laboratory, and emergency response environments. The company’s expertise lies in producing garments that shield against chemical, biological, radiological, and thermal risks, supporting safety protocols in sectors such as oil and gas, petrochemicals, pharmaceuticals, and first responders.

The product portfolio encompasses both single-use and reusable solutions, including chemical protective coveralls, flame-resistant garments, arc flash clothing, medical isolation gowns, and cleanroom suits.