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Fly News Breaks for March 20, 2018
VUZI
Mar 20, 2018 | 07:54 EDT
Maxim analyst Brain Kinstlinger lowered his price target on Vuzix to $11, citing a "slower ramp of smart glass sales" anticipated for 2018 and 2019 along with a Q4 revenue miss. The analyst keeps his Buy rating on the stock longer term, noting the company's "second to none" offering of smart glasses and "ample capital to support growth".
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