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Fly News Breaks for August 27, 2018
IDSY
Aug 27, 2018 | 06:45 EDT
National Securities analyst Matthew Galinko started I.D. Systems with a Buy rating and $8.60 price target. The company is an "unsung contender" in the market for Industrial Internet of Things, Galinko tells investors in a research note. He believes the company has a "significant platform" selling fleet telematics, with an increasing focus on logistics visibility as well as a market leading position in industrial truck management. I.D. Systems offers "positive trends in play across all segments and profitability emerging," Galinko contends.
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