Stifel Starts Electronics for Imaging Inc. (EFII) at Buy
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Stifel initiates coverage on Electronics for Imaging Inc. (NASDAQ: EFII) with a Buy rating and a price target of $53.00.
Analyst Aaron Rakers commented, "We are initiating coverage on Electronics for Imaging Inc. (EFI) with a Buy rating and a $53 per share target price – ~9x EV/EBITDA on our 2018 estimates. We view EFI as having a strong/expanding position to capitalize on the analog-to-digital printing across a variety of industrial print applications – the Imaging of Things."
Shares of Electronics for Imaging Inc. closed at $45.51 yesterday.
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