KVH Industries (KVHI) Tops Q4 EPS by 17c

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KVH Industries (KVHI) PT, Estimates Raised at Needham & Company

March 17, 2015 6:57 AM EDT

Needham & Company analyst Richard Valera reiterated a Buy rating and lifted his price target on KVH Industries (NASDAQ: KVHI) to $18.00 (from $16.00) amid solid initial 2015 guidance.

Valera commented, "As its mini-VSAT service continues to add subs at a steady pace and its relatively nascent... More