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Stock impact report

Cantor Fitzgerald Raises PT for nLIGHT (LASR), Keeps Overweight Rating [Yahoo! Finance]

nLIGHT, Inc. (LASR) 
Last nlight, inc. earnings: 2/19 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Fitzgerald increased the price target for nLIGHT, Inc. (NASDAQ:LASR) from $27.50 to $33.50 while maintaining an Overweight rating. The update came after meetings with nLIGHT, Inc.'s (NASDAQ:LASR) CEO and Vice President of Corporate Development. Cantor Fitzgerald felt more positive about the company's near- and medium-term outlook following these discussions. Cantor Fitzgerald Raises PT for nLIGHT (LASR), Keeps Overweight Rating The research firm expects that nLIGHT, Inc. (NASDAQ:LASR) has sufficient backlog and pipeline to meet the higher end of its third-quarter guidance. Cantor Fitzgerald also believes the company will grow sequentially in the fourth quarter. nLIGHT, Inc. (NASDAQ:LASR) designs and manufactures high-power semiconductor and fiber lasers for directed energy, optical sensing, and advanced manufacturing applications. While we acknowledge the potential of LASR as an investment, we believe certain AI stocks offer greater upside potential and carry less downside r Show less Read more
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