Lake Street Initiates Coverage of CTS (CTS) with Buy Recommendation

Fintel reports that on September 2, 2026, Lake Street initiated coverage of CTS (NYSE:CTS) with a Buy recommendation.

Analyst Price Forecast Suggests 16.25% Upside

As of August 28, 2026, the average one-year price target for CTS is $66.30/share. The forecasts range from a low of $65.65 to a high of $68.25. The average price target represents an increase of 16.25% from its latest reported closing price of $57.03 / share.

See our leaderboard of companies with the largest price target upside.

The projected annual revenue for CTS is 669MM, an increase of 18.63%. The projected annual non-GAAP EPS is 3.33.

There are 558 funds or institutions reporting positions in CTS. This is an increase of 308 owner(s) or 123.20% in the last quarter. Average portfolio weight of all funds dedicated to CTS is 0.11%, an increase of%. Total shares owned by institutions increased in the last three months by 31.29% to 39,759K shares. The put/call ratio of is 0.02, indicating a bullish outlook.

Wasatch Advisors holds 3,600K shares representing 12.61% ownership of the company. In its prior filing, the firm reported owning 1,994K shares , representing an increase of 44.61%. The firm increased its portfolio allocation in CTS by 142.83% over the last quarter.

IJR - iShares Core S&P Small-Cap ETF holds 1,743K shares representing 6.10% ownership of the company. In its prior filing, the firm reported owning 1,731K shares , representing an increase of 0.67%. The firm increased its portfolio allocation in CTS by 7.32% over the last quarter.

Earnest Partners holds 1,652K shares representing 5.78% ownership of the company. In its prior filing, the firm reported owning 1,715K shares , representing a decrease of 3.83%. The firm increased its portfolio allocation in CTS by 14.98% over the last quarter.

Vanguard Portfolio Management holds 1,261K shares representing 4.42% ownership of the company. In its prior filing, the firm reported owning 1,213K shares , representing an increase of 3.81%. The firm increased its portfolio allocation in CTS by 20.65% over the last quarter.

Vanguard Capital Management holds 1,217K shares representing 4.26% ownership of the company. In its prior filing, the firm reported owning 1,239K shares , representing a decrease of 1.79%. The firm increased its portfolio allocation in CTS by 14.49% over the last quarter.

Fintel is one of the most comprehensive investing research platforms available to individual investors, traders, financial advisors, and small hedge funds.

Our data covers the world, and includes fundamentals, analyst reports, ownership data and fund sentiment, options sentiment, insider trading, options flow, unusual options trades, and much more. Additionally, our exclusive stock picks are powered by advanced, backtested quantitative models for improved profits.

This story originally appeared on Fintel.