nLight turns bright

nLIGHT

30/06/2021 18:25

** nLight  LASR.O  up 0.6% at $36.06 in Weds afternoon
trading, and on track for a 3rd straight day of gains
    ** On Mon, Raymond James added the semiconductor laser and
fiber laser co's shares to its analyst favorites list
 urn:newsml:reuters.com:*:nFWN2OA0AE
    ** Action has LASR up more than 10% WTD, on pace for biggest
weekly percentage gain since mid-Feb, and reaching a 3-month
high
    ** Current Street rec on the stock is buy, with 3 strong
buy, 3 buy, and 3 hold ratings; Median PT is $38.00, down from
$48.00 three months ago
    ** After rallying more than 60% last year, LASR up just over
10% in 2021, and trading down around 22% from its $46.45 Feb 22
intraday high

 (Terence Gabriel is a Reuters market analyst. The views
expressed are his own)
 ((terence.gabriel@tr.com))