Lake Street analyst Mark Smith raised the firm's price target on Smith & Wesson Brands to $16.50 from $14 and keeps a Buy rating on the shares after the company reported Q4 results that beat the firm's estimates and consensus "across every key metric." The firm, which notes that management expects firearm industry demand in FY27 to remain healthy and guided to mid-single-digit revenue growth for the year, says the quarter "underscores the market share story we have been highlighting all year."
