Fly News Breaks for September 24, 2018
Sep 24, 2018 | 08:20 EDT
As reported earlier, Chardan analyst James McIlree upgraded KVH Industries to Buy from Neutral with a price target of $20, saying he expects "continued strong growth" from its Agile Plans that should result in improved margins and increased financial predictability. The analyst also cites his expectations of "sustained growth from the company's Fiber-optic gyro business, upside from its tactical navigation for the military business, and potentially significant stock catalysts" such as announcements of partnerships in the autonomous vehicle market.
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