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Innovative Aerosystems price target raised to $20 from $16 at Craig-Hallum

Craig-Hallum raised the firm’s price target on Innovative Aerosystems (ISSC) to $20 from $16 and keeps a Buy rating on the shares. Even with a 30% stock gain on Thursday, the firm highlights a very lucrative long-term opportunity with management aspirations to triple the size of the company over the next four years, telling investors in a research note that there is still potential for the stock longer term.

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