As previously reported, Craig-Hallum initiated coverage of Innovative Aerosystems (ISSC) with a Buy rating and $16 price target The firm says that a positive industry backdrop and contribution from new products should make this a strong grower over the next 3-5 years, as management aspires to triple revenue. Craig-Hallum sees “multi-bagger potential” for the stock overtime.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ISSC:
- Innovative Aerosystems initiated with a Buy at Craig-Hallum
- Northland starts Innovative Aerosystems at Outperform ahead of ‘new growth era’
- Innovative Aerosystems initiated with an Outperform at Northland
- Innovative Aerosystems Appoints Richard Silfen to Board
- Innovative Aerosystems files $100M common stock offering