Lakeland Industries (NASDAQ:LAKE) Upgraded at DA Davidson

DA Davidson upgraded shares of Lakeland Industries (NASDAQ:LAKE) from a neutral rating to a buy rating in a research report sent to investors on Monday morning, Marketbeat.com reports. The firm currently has $14.00 target price on the medical instruments supplier’s stock, up from their previous target price of $10.00.

Several other research firms also recently issued reports on LAKE. Zacks Research upgraded Lakeland Industries from a “strong sell” rating to a “hold” rating in a research report on Monday, February 9th. Lake Street Capital dropped their target price on Lakeland Industries from $16.00 to $13.00 and set a “buy” rating on the stock in a research report on Friday, April 17th. Finally, Weiss Ratings reissued a “sell (d)” rating on shares of Lakeland Industries in a report on Thursday, January 22nd. Three equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Lakeland Industries presently has an average rating of “Hold” and an average price target of $15.20.

Lakeland Industries Trading Down 1.9%

NASDAQ:LAKE opened at $10.73 on Monday. The company has a market cap of $115.03 million, a P/E ratio of -4.16 and a beta of 1.34. The stock’s fifty day moving average price is $8.99 and its two-hundred day moving average price is $11.23. Lakeland Industries has a 1 year low of $7.15 and a 1 year high of $20.50. The company has a debt-to-equity ratio of 0.24, a current ratio of 3.53 and a quick ratio of 1.36.

Institutional Investors Weigh In On Lakeland Industries

Institutional investors and hedge funds have recently made changes to their positions in the business. BNP Paribas Financial Markets raised its position in shares of Lakeland Industries by 87.8% in the third quarter. BNP Paribas Financial Markets now owns 1,795 shares of the medical instruments supplier’s stock worth $27,000 after buying an additional 839 shares in the last quarter. Tripletail Wealth Management LLC purchased a new stake in shares of Lakeland Industries in the third quarter worth $49,000. Bank of America Corp DE raised its stake in Lakeland Industries by 189.9% in the second quarter. Bank of America Corp DE now owns 4,177 shares of the medical instruments supplier’s stock valued at $57,000 after purchasing an additional 2,736 shares in the last quarter. JPMorgan Chase & Co. purchased a new stake in Lakeland Industries in the second quarter valued at approximately $59,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new stake in Lakeland Industries in the second quarter valued at approximately $68,000. Hedge funds and other institutional investors own 71.69% of the company’s stock.

Key Headlines Impacting Lakeland Industries

Here are the key news stories impacting Lakeland Industries this week:

• Positive Sentiment: DA Davidson upgraded LAKE to Buy, providing a near-term analyst catalyst that supports the shares. Lakeland Industries (NASDAQ:LAKE) Raised to Buy at DA Davidson
• Negative Sentiment: Pomerantz filed a federal class action against Lakeland and certain officers alleging violations of the securities laws for purchases between Dec. 1, 2023 and Dec. 9, 2025 — a development that creates legal risk and potential liability exposure. Pomerantz Law Firm Announces the Filing of a Class Action Against Lakeland Industries Inc.and Certain Officers – LAKE
• Negative Sentiment: Multiple plaintiff law firms (Bronstein; Glancy Prongay Wolke & Rotter; Faruqi & Faruqi; Gross; Block & Leviton) have announced claims or issued deadline alerts for an April 24, 2026 lead‑plaintiff filing — increasing attention, solicitation activity and the likelihood of consolidated litigation. Example reminder: Deadline Alert: Lakeland Industries, Inc. (LAKE) Shareholders Who Lost Money Urged To Contact Glancy Prongay Wolke & Rotter LLP About Securities Fraud Lawsuit
• Negative Sentiment: Block & Leviton and other firms are soliciting potential claimants ahead of the filing deadline, signaling active plaintiff interest and potential future legal costs or settlements. $LAKE DEADLINE: Lakeland Industries Investors Should Contact Block & Leviton Before April 24th To Possibly Recover Losses
• Negative Sentiment: Levi & Korsinsky highlights an alleged performance gap: management projected adjusted EBITDA of at least $18M for FY2025 but critics claim a material shortfall and a $5.85/share impact — these allegations amplify concerns about prior guidance and disclosure quality. LAKELAND’S $18M EBITDA PROMISE BECAME A $5.85 PER-SHARE LOSS: LEVI & KORSINSKY, LLP

Lakeland Industries Company Profile

Lakeland Industries, Inc (NASDAQ:LAKE) is a global provider of high-performance protective apparel and accessories designed to safeguard workers in industrial, healthcare, laboratory, and emergency response environments. The company’s expertise lies in producing garments that shield against chemical, biological, radiological, and thermal risks, supporting safety protocols in sectors such as oil and gas, petrochemicals, pharmaceuticals, and first responders.

The product portfolio encompasses both single-use and reusable solutions, including chemical protective coveralls, flame-resistant garments, arc flash clothing, medical isolation gowns, and cleanroom suits.