LSI Industries price target raised to $30 from $26 at Craig-Hallum

Craig-Hallum raised the firm’s price target on LSI Industries (LYTS) to $30 from $26 and keeps a Buy rating on the shares. The firm notes that LSI Industries reported another top-to-bottom beat with a strong bounce-back in organic revenue growth as the Grocery market is recovering after nearly two years of deferred investments due to the Kroger (KR)/Albertsons (ACI) merger that was terminated in December.