Canaccord raised the firm's price target on LSI Industries to $25 from $22 and keeps a Buy rating on the shares. The firm said they reported strong F4Q25 results consistent with management's high "say/do" ratio. Quarterly revenue was driven by "improved demand across both its lighting and display solutions markets." Total orders increased 11% y/y "as orders matched a strong sales quarter." Canacord said they see the opportunity for continued earnings growth from the stabilization of grocer activity, refueling/ C-Store, automotive, and parking penetration and synergistic value creation through M&A.
