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Stock impact report

Christian Schwab from Craig-Hallum Maintains a Buy Rating on Vuzix (VUZI) [Yahoo! Finance]

Vuzix Corporation (VUZI) 
Last vuzix corporation earnings: 5/10 04:47 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.vuzix.com
Company Research Source: Yahoo! Finance
On October 16, Christian Schwab from Craig-Hallum maintained a Buy rating on Vuzix without setting a price target on the shares. Earlier on October 1, Craig-Hallum raised the firm's price target on Vuzix to $6 from $3 and kept a Buy rating on the shares. Christian Schwab from Craig-Hallum Maintains a Buy Rating on Vuzix (VUZI) The firm noted that Vuzix announced that it received a six-figure development order for customized Waveguides from a leading US defense contractor. Craig-Hallum believes that Vuzix could announce other defense contractor customers for custom head-mounted display programs by the end of this year. These programs are estimated to carry an average selling price to Vuzix of ~$4,000, potentially representing a $40 million to $400 million opportunity for the company over time. Additionally, Craig-Hallum believes Vuzix is well-positioned to see a ramp-up in smart glasses and AR opportunities with its partner, Quanta. Vuzix Corporation (NASDAQ:VUZI) designs, ma Show less Read more
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