NN, Inc. initiated with a Buy at B. Riley

B. Riley initiated coverage of NN, Inc. (NNBR) with a Buy rating and $4 price target The firm says NN is a “best-in-class” developer and tier two manufacturer of high-precision, complex metal components, with experience in machining, stamping, and precious metal plating. The company’s prior management ran into some supply chain difficulties, the analyst tells investors in a research note.