BofA Global Research initiates coverage of Lyntris with 'buy' rating

Lyntris

15/09/2026 15:34

** BofA Global Research initiates coverage of LyntrisLYNX.N with a "buy" rating and PT of $21
** Brokerage sees "strong upside opportunities", says LYNX is well aligned to ramping defense investment across the US and international allies
** Adds "we see LYNX as favorably exposed to defense priorities across its three segments"
** Including session's moves, shares are down about 24% from IPO price of $17.5

 (Reporting by Sudeshna Ghoshal in Bengaluru)
 ((Sudeshna.Ghoshal@thomsonreuters.com;))