Stifel Raises Price Target for nLight (LASR) Following Executive Meeting
On May 21, Stifel analyst Ruben Roy raised his price target on nLIGHT Inc. (NASDAQ:LASR) to $85 from $75 while maintaining a Buy rating after meeting with the company's executives. The upgrade was driven by confidence in nLight’s directed energy portfolio and its HADES product line for military applications, as well as potential growth in laser sensing business and international sales.
Tickers: $LASR
Topics: analyst upgrade defense spending directed energy Q1 earnings