Analyst gives Daktronics, Inc. (NASDAQ: DAKT) a target price of $25.33 a share

The recent coverage highlights a consensus target price of $25.33, with a high standard deviation of $8.33, indicating significant dispersion in analyst expectations.

The consensus target price has decreased from $26.00 to $25.33, suggesting a slight reduction in expected upside.

A high standard deviation of $8.33 in price targets is noted, underscoring significant dispersion in analyst expectations.

There is an upward trend in earnings estimate revisions, with the Zacks Consensus Estimate for the current year improving by 4.6% in the past 30 days.

Daktronics now carries a Zacks Rank #2 (Buy), placing it among the top 20% of stocks rated by Zacks on earnings-estimate-based factors.

Daktronics is framed as an “incredible growth stock” and a candidate for growth-oriented investors.

Daktronics’ share price has advanced roughly 6.3% over the last month, indicating positive momentum.