Cantor Fitzgerald Starts Nlight (LASR) at Overweight

Cantor Fitzgerald analyst Troy Jensen initiates coverage on Nlight (NASDAQ: LASR) with a Overweight rating and a price target of $15.50.

The analyst comments "We initiate coverage of nLIGHT, Inc. with an Overweight rating and a 12-month price target of $15.50. nLIGHT is a leading supplier of high-performance semiconductor and fiber lasers. nLIGHT is poised to resume revenue growth in 2025 led by a large backlog, robust strength in the aerospace and defense (A&D), and improving demand in its commercial markets. Long-term growth is supported by de-risked operations, execution of direct energy strategy in A&D, and opportunities in metal additive manufacturing."

For an analyst ratings summary and ratings history on Nlight click here. For more ratings news on Nlight click here.

Shares of Nlight closed at $10.51 yesterday.

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