UFP Technologies: Lake Street raises Buy rating and PT to $289 from $252.

UFP Technologies: Lake Street raises Buy rating and PT to $289 from $252.

Lake Street Capital has recently upgraded its rating for UFP Technologies (NASDAQ: UFPT) to a "Buy" and increased its price target from $252.00 to $289.00, according to a recent research report. The move follows the industrial products company's strong earnings performance and positive institutional investment activity [1].

UFP Technologies reported earnings per share (EPS) of $2.47 for the quarter, surpassing analysts' expectations of $2.05. The company also reported revenue of $148.15 million. Additionally, institutional investors have been actively participating in the stock, with GSA Capital Partners LLP investing approximately $690,000 in the company by purchasing 3,423 shares [1].

Other notable institutional investors, such as KLP Kapitalforvaltning AS, LPL Financial LLC, Vanguard Group Inc., JPMorgan Chase & Co., and Franklin Resources Inc., have also increased their stakes in UFP Technologies during the 4th quarter. This positive institutional interest suggests confidence in the company's prospects [1].

Lake Street Capital's new price target of $289.00 reflects its optimism about UFP Technologies' growth potential. The company designs and manufactures solutions for medical devices, sterile packaging, and other highly engineered custom products, positioning it well in the growing medical and industrial sectors [1].

References:
[1] https://www.marketbeat.com/instant-alerts/filing-gsa-capital-partners-llp-invests-690000-in-ufp-technologies-inc-nasdaqufpt-2025-08-03/