Shares of Byrna Technologies Inc. (BYRN) soared 6.07% in pre-market trading on Friday, as investors responded positively to two upbeat analyst reports released earlier in the day.
Roth MKM analyst Matt Koranda reiterated a Buy rating on Byrna Technologies, maintaining confidence in the company's prospects. In a separate report, B. Riley not only reaffirmed its Buy rating but also raised its price target on BYRN from $38 to $39, signaling increased optimism about the stock's potential upside.
Byrna Technologies, known for its less-lethal security solutions, has been attracting attention from Wall Street analysts. The company's innovative approach to personal safety and law enforcement tools appears to be resonating with both the market and industry experts, as reflected in these latest analyst actions.