SEC Form 10-K filed by Daktronics Inc.
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 1/22/2025 | $26.00 | Buy | Craig Hallum |
Craig Hallum initiated coverage of Daktronics with a rating of Buy and set a new price target of $26.00
Asserts Independent Directors are Placing Shareholders, Customers and Employees at Unacceptable Risk by Allowing Chairman and CEO Reece Kurtenbach to Continue in his Roles Highlights that Mr. Kurtenbach has Presided Over Years of Abysmal Governance, Dismal Capital Allocation, Pervasive Nepotism Involving Family Members and Sustained Value Destruction Notes Mr. Kurtenbach and his CFO Allowed Daktronics to Become a "Going Concern" Months After Alta Fox Privately Conveyed a Willingness to Provide Certain and Immediate Capital Questions Independent Directors' Motivation for Failing to Respond to Alta Fox's Most Recent Proposal to Promptly Deliver Affordable Capital, Provided Leadership Chang
BROOKINGS, S.D., Dec. 07, 2022 (GLOBE NEWSWIRE) -- Daktronics, Inc. (NASDAQ - DAKT) today announced the expansion of its Board of Directors to eight members and the appointment of Howard I. Atkins as the eighth director. The addition of Mr. Atkins is part of the Board's ongoing refreshment process. He was selected pursuant to the Cooperation Agreement with Daktronics shareholder Prairieland Holdco, LLC ("Prairieland") and its affiliates, including Andrew Siegel (collectively, the "Prairieland Group"), which was announced on July 27, 2022. Andrew Siegel stated, "The Board conducted a comprehensive search and recruitment effort, and I am pleased that it resulted in the selection of
BROOKINGS, S.D., June 02, 2021 (GLOBE NEWSWIRE) -- Daktronics, Inc. (NASDAQ - DAKT) announces the retirement of Robert G. Dutcher and Byron J. Anderson both effective on September 1, 2021. Dutcher and Anderson have served on the Daktronics board of directors since 2002 and 2005, respectively. The board also announces the nominations of Shereta Williams and Dr. Lance D. Bultena as independent directors to its board for election at the September 1, 2021 annual meeting of shareholders. Reece A. Kurtenbach, chairman, president and CEO, recognized the contributions from Dutcher's and Anderson's leadership and dedication to Daktronics, "We thank Byron and Bob for their significant contribution