Lake Street Capital Markets Analyst, Jaeson Schmidt, initiated coverage of LightPath Technologies, Inc. with a BUY rating and price target of $3 (LPTH-$3). LightPath Technologies, Inc. designs, develops, manufactures, and distributes optical components and assemblies. The company offers precision molded glass aspheric optics, molded and diamond-turned infrared aspheric lenses, and other optical components used to produce products that manipulate light; and infrared products, including catalog and custom infrared optics.
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