Cantor Fitzgerald analyst Troy Jensen raised the firm’s price target on nLight (LASR) to $62.50 from $40 and keeps an Overweight rating on the shares. nLight reported Q4 revenue up 71% year over year and 22% quarter over quarter, driven by record aerospace & defense sales, with positive operating and free cash flow, the analyst tells investors in a research note.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on LASR: