Freedom Broker Starts Optex Systems (OPXS) at Buy

Freedom Broker analyst Sergey Glinyanov initiates coverage on Optex Systems (NASDAQ: OPXS) with a Buy rating and a price target of $16.10.

The analyst comments "We are initiating coverage of Optex Systems Holdings (OPXS) with a “Buy” rating and a target price of $16.10. Optex is a niche defense optics supplier with an entrenched position on long-lived U.S. and allied ground vehicle fleets, and an adjacent optics coatings business that extends its reach into weapon optics and select commercial programs, with recent contract momentum tied to the XM30 next generation ground vehicle platform. The broader defense funding backdrop remains constructive as militaries continue to prioritize modernization and readiness, sustaining demand for vehicle optics and protective optical solutions."

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

Shares of Optex Systems closed at $13.63 yesterday.

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