Roth/MKM analysts reaffirmed their Buy rating and maintained a price target of $27 on Lakeland Industries (NASDAQ:LAKE) stock. Ahead of the company’s earnings report on September 5, the analysts highlighted LAKE's strategic shift towards higher-value products such as industrial and fire turnout gear, with fire services in the U.S. being a significant growth opportunity due to the market’s fragmentation.

The analysts expressed confidence in LAKE’s ability to achieve high single-digit organic growth, with potential acquisitions further enhancing its services, products, and geographic reach. Additionally, operational optimization is expected to help boost EBITDA margins above 15%.