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Craig-Hallum upgrades nLight to Buy following ‘much stronger’ results

As previously reported, Craig-Hallum upgraded nLight (LASR) to Buy from Hold with a $14 price target following much stronger quarterly results. The firm highlights robust growth in A&D and a strong outlook ahead. Craig-Hallum has been on the sidelines during this multi-year transition from Industrial China driven to A&D and says now is the time that investors should be buying the stock, potentially ahead of many other growth catalysts.

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