Kopin initiated with a Buy at Lucid Capital

Lucid Capital initiated coverage of Kopin (KOPN) with a Buy rating and $10 price target The firm says the company “has the right assets at the right time and is on the verge of exponential growth.” Kopin’s portfolio of microdisplay solutions has the company positioned to post record revenues and profitability, the analyst tells investors in a research note. Lucid says Kopin has several major defense programs including advanced rifle scopes and F-35 fighter pilot helmets.