Information Provided By: 
Fly News Breaks for March 16, 2017
IVAC
Mar 16, 2017 | 11:24 EDT
Roth Capital analyst Brian Alger estimated that the "surprise order" for twelve Energi systems recently announced by Intevac equates to $20M-$25M of unexpected additional revenue, as he had been assuming zero additional shipments in 2017. The order improves the company's visibility "dramatically," leading Alger to think that a multiple in line with its peers is now appropriate and raise his price target on the stock to $14.30 from $11.25. He keeps a Buy rating on Intevac.
News For IVAC From the Last 2 Days
There are no results for your query IVAC
