Citi initiates coverage for OSI Systems with 'buy'; shares rise

Smiths

15/04/2026 17:18

** Shares of OSI Systems OSIS.O up 2.2% at $303.75

** Citigroup initiates coverage of the security and healthcare technology firm with a "buy" rating

** Brokerage sets a price target of $345, implying about 16.2% upside from the stock’s last close

** Says OSI is benefiting from predictable and consistent revenue and earnings growth over time.

** Adds that the firm's healthcare segment provides stable earnings support, underpinned by imaging and patient‑monitoring demand

** OSIS has outperformed peers such as Smiths Group SMIN.L and L3Harris LHX.N so far this year

** Including session moves, OSIS shares up 19% YTD

 (Reporting by Tharuniyaa Lakshmi in Bengaluru)

 ((tharuniyaa@thomsonreuters.com))