Gaia price target raised to $7 from $6 at Lake Street

Lake Street raised the firm’s price target on Gaia (GAIA) to $7 from $6 and keeps a Buy rating on the shares. After Gaia reported “effectively in line results,” the firm says it continues to like the risk/reward, citing a successful price increase, new product launches, a decent balance sheet, a double-digit revenue growth rate, and positive cash generation.