Stifel raised the firm’s price target on nLight (LASR) to $75 from $68 and keeps a Buy rating on the shares after having hosted the management team for a client dinner. The firm believes the management team “added credibility to our thesis” that nLight is “a linchpin national security asset and brings a differentiated offering to a rising tide,” the analyst tells investors.
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:
- Wix downgraded, TripAdvisor upgraded: Wall Street’s top analyst calls
- nLight initiated with an Outperform at William Blair
- nLIGHT: Capitalizing on the Shift to High-Energy Laser Defense Systems With >20% Upside Potential
- Roblox initiated, Target upgraded: Wall Street’s top analyst calls
- nLight initiated with an Outperform at Baird