OSI Systems price target raised to $255 from $221 at B. Riley

B. Riley raised the firm’s price target on OSI Systems (OSIS) to $255 from $221 and keeps a Buy rating on the shares. The company reported a solid beat with record metrics in fiscal Q3, the analyst tells investors in a research note. With global demand for security solutions expected to remain elevated, OSIS appears well positioned to secure additional large awards, the analyst tells investors in a research note.