Singular Research Initiates Lakeland Industries Coverage: Buy, $14.75 PT

Singular Research initiated coverage on Lakeland Industries LAKE with a Buy rating and $14.75 price target in a research report published today. In the report, Singular Research states, "An attractive acquisition target in a consolidating industry, selling well below book value, and with operating improvements on the horizon, we initiate coverage with a BUY rating and $14.75 price target." Shares of Lakeland Industries were trading at $9.49 at the time of posting, up 2.48% from Monday's market close.