Price Target Raised; Corporate Update
LGL Group (NYSE American: LGL) was featured in a company-sponsored research note published by Sidoti & Company, LLC. The headline of the note reads, “Mark To Market Valuation Of IRNT Shares Creates Volatility In LGL’s Results; Half Of IRNT Shares Sold For $19 Million; Increasing Price Target To $19 ($16); Maintain Moderately Risky Rating.”
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About LGL Group
The LGL Group, Inc., through its two principal subsidiaries MtronPTI and PTF, designs, manufactures and markets highly-engineered electronic components used to control the frequency or timing of signals in electronic circuits, and designs high performance frequency and time reference standards that form the basis for timing and synchronization in various applications. For more information, visit the company’s website at www.lglgroup.com.
About Sidoti & Company, LLC
For over two decades, Sidoti has been a premier provider of independent securities research focused specifically on small and microcap companies and the institutions that invest in their securities, with most of its coverage in the $100 million-$5 billion market cap range. The firm’s approach affords companies and institutional clients a combination of high-quality research, a small- and microcap-focused nationwide sales effort, broad access to corporate management teams, and extensive trading support. Sidoti serves 500+ institutional clients in North America, including many leading managers of portfolios with $200 million to $2 billion of AUM. Sidoti promotes meaningful interaction between issuers and investors through its conferences (www.sidoti.com/events) and the hundreds of non-deal roadshows hosted each year.
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