Jerash Holdings said its sales hit $50.2 million last quarter, up 27%, and analysts raised their price target to $6.00.

JRSH · Jerash Holdings

The AI's read

More sales and improved factory efficiency suggest Jerash is making and shipping more goods. The report also shows a profit, but gives no earlier comparison for profit or gross margin. DA Davidson's higher price target adds support, though it is an analyst's view, not a company result.