BofA raised the firm’s price target on OSI Systems (OSIS) to $265 from $250 and keeps a Buy rating on the shares. The firm, which raised its adjusted EPS estimates as it expects OSI Systems to continue to benefit from increased border security spending, argues that on top of stronger than expected FY26 growth, Customs and Border Protection’s accelerated upgrades and installments of new security systems across the border should sustain strong orders and demand through the end of the decade for OSI.
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Read More on OSIS:
- OSI Systems Poised for Growth Amid Global Security Spending Surge and Major Event Opportunities
- OSI Systems gets $23M order for non-intrusive inspection solutions
- OSI Systems awarded $26M order
- OSI Systems Reports Record Earnings and Positive Outlook
- OSI Systems price target raised to $270 from $260 at Oppenheimer
