Kimball Electronics (NASDAQ:KE) Upgraded by Lake Street, Financial Outlook Reaffirmed

Lake Street upgraded Kimball Electronics (NASDAQ:KE) to a "Buy" rating and raised the price target from $28 to $32.The company has a price-to-earnings (P/E) ratio of 28.21 and a price-to-sales ratio of 0.45, indicating investor confidence in its growth and profitability.Kimball Electronics maintains a debt-to-equity ratio of 0.24 and a current ratio of 2.21, showcasing a strong financial structure and ability to cover short-term liabilities.Kimball Electronics, listed on the NASDAQ:KE, is a company that des ...