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OSI Systems Issues Notes to Institutional Buyers

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OSI Systems Issues Notes to Institutional Buyers

TipRanks Black Friday Sale

OSI Systems ( (OSIS) ) just unveiled an announcement.

OSI Systems has issued Notes to initial purchasers under Section 4(a)(2) of the Securities Act of 1933, targeting qualified institutional buyers. A maximum of 2,153,260 shares of common stock may be issued upon conversion of these Notes, with anti-dilution adjustments applicable.

The most recent analyst rating on (OSIS) stock is a Buy with a $315.00 price target. To see the full list of analyst forecasts on OSI Systems stock, see the OSIS Stock Forecast page.

Spark’s Take on OSIS Stock

According to Spark, TipRanks’ AI Analyst, OSIS is a Outperform.

OSI Systems’ strong financial performance and positive earnings call are the most significant factors driving the stock score. The technical analysis supports a bullish trend, although caution is advised due to potential overbought conditions. The valuation indicates the stock may be expensive, which slightly tempers the overall score.

To see Spark’s full report on OSIS stock, click here.

More about OSI Systems

Average Trading Volume: 203,582

Technical Sentiment Signal: Buy

Current Market Cap: $4.04B

For a thorough assessment of OSIS stock, go to TipRanks’ Stock Analysis page.

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