Benchmark Upgrades American Science & Engineering Inc. (ASEI) to Buy; Order Provides Visibility

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Benchmark upgraded American Science & Engineering Inc. (NASDAQ: ASEI) from Hold to Buy with a price target of $67.00.

Analyst, Josephine Millward, said, "Our upgrade is based on improving visibility in FY13 for both service and cargo revenues, as well as potential upside in FY13/14 from a large Foreign Military Sales (FMS) order and from cargo screening services."

For an analyst ratings summary and ratings history on American Science & Engineering Inc. click here. For more ratings news on American Science & Engineering Inc. click here.

Shares of American Science & Engineering Inc. closed at $55.98 yesterday, with a 52 week range of $46.30-$78.99.

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