Fly News Breaks for January 15, 2020
Jan 15, 2020 | 08:34 EDT
Canaccord analyst Ken Herbert initiated coverage of RADA Electronic with a Buy rating as he sees 2020 as a year of significant growth with the real inflection expected in 2021 as several key programs transition to production. In addition, the broader underlying defense fundamentals remain favorable. Herbert has an $8 price target on RADA Electronic shares.
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