- Raymond James analyst Brian Gesuale initiated coverage with a Strong Buy rating for Byrna Technologies Inc (NASDAQ:BYRN) and a price target of $36, implying an upside of44.32%.
- Gesuale believes the company is well-positioned to become the leading lifestyle brand for personal safety products. Its extensive IP portfolio creates a competitive moat for its expanding non/less-lethal self-defense products.
- Recently the company acquired assets of Ballistipax for an undisclosed sum. Byrna received several Ballistipax trademarks, two patents, finished goods, raw materials inventory, and other assets.
- Price Action: BYRN shares are trading higher by 7.92% at $26.23 on the last check Friday.
Southside Bancshares Q2 EPS $0.65 Misses $0.69 Estimate
Southside Bancshares (NASDAQ:SBSI) reported quarterly earnings of $0.65 per share which missed the analyst consensus estimate of $0.69 by 5.8 percent. This is unchanged from the same period last year.
