HSBC Initiates Coverage on Elbit Systems (ESLT) with an Overweight

June 29, 2009 9:04 AM EDT

HSBC initiates coverage on Elbit Systems (Nasdaq: ESLT) with an Overweight rating. Price target $75.

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Elbit Systems Ltd. (Elbit Systems) develops, manufactures and integrates defense electronic and electro-optic systems.


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