As previously reported, Craig-Hallum initiated coverage of Kopin (KOPN) with a Buy rating and $6 price target The firm says it believes the company is positioned with expanding defense opportunities, which could drive growth from its current top line run-rate of about $50M towards $200M-plus in annual revenue. Craig-Hallum says the company believes its meaningful current pipeline of defense programs alone can drive annual revenue to $75M-$100M as soon as 2027. In addition, the firm believes the U.S. Army’s Solider Borne Mission Command program underdevelopment could be a significant driver of revenue growth over multi-years for the company.
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