Gorilla price target raised to $13 from $9 at Northland

Northland analyst Michael Latimore raised the firm’s price target on Gorilla (GRRR) to $13 from $9 and keeps an Outperform rating on the shares after the company recently announced they are shortlisted for a large connected school deal in Egypt. “We believe they won the technology bake-off there, and are awaiting a final contract,” the analyst tells investors, noting that the firm is establishing FY26 revenue and EBITDA estimates of $122.6M and $24.1M, respectively.