Lake Street Capital Forecasts Strong Price Appreciation for Interlink Electronics (NASDAQ:LINK) Stock

Key Points

• Lake Street Capital has raised its price target for Interlink Electronics from $10.00 to $13.00, suggesting a potential upside of 39.48% from the current price.
• The stock's recent performance shows a rise to $9.32, with trading volume significantly lower than its average.
• Interlink Electronics specializes in designing and manufacturing force-sensing technologies used in various sensor-based products worldwide.

Interlink Electronics (NASDAQ:LINK - Get Free Report) had its target price raised by Lake Street Capital from $10.00 to $13.00 in a report issued on Tuesday, MarketBeat reports. The firm presently has a "buy" rating on the technology company's stock. Lake Street Capital's price target would suggest a potential upside of 41.00% from the company's current price.

Interlink Electronics Stock Performance

Shares of LINK traded down $0.22 during mid-day trading on Tuesday, hitting $9.22. 197,713 shares of the company's stock were exchanged, compared to its average volume of 29,782. The company has a market cap of $59.76 million, a price-to-earnings ratio of 102.44 and a beta of 0.93. Interlink Electronics has a fifty-two week low of $3.25 and a fifty-two week high of $10.90. The stock's 50-day moving average is $7.70 and its 200-day moving average is $6.60.

About Interlink Electronics

Interlink Electronics, Inc, together with its subsidiaries, designs, develops, manufactures, and sells force-sensing technologies that incorporate proprietary materials technology, firmware, and software into sensor-based products and custom sensor system solutions in the United States, Asia, the Middle East, Europe, and internationally.