Another Upgrade Canaccord Genuity analyst Yuri Lynk hiked his AirBoss of America Corp. target to $58 from $51 with a “buy” rating. The average is $55.17.
“We view Airboss as a catalyst-rich story with meaningful upside potential that will ultimately depend on its success harvesting Air Boss Defense Group’s (ADG’s) large and growing $1.5-billion sales pipeline,” he said. “We view long-term recurring revenue opportunities, such as Blast Gauge and sales of PPE consumables, as potentially helpful to valuation as they would improve visibility.”