Wells Fargo raised the firm’s price target on OSI Systems (OSIS) to $172 from $170 and keeps an Overweight rating on the shares. The firm’s numbers move higher for the Q1 beat and guidance raise, while consensus single-digit incremental margins for FY25 look very beatable. Wells thinks working capital headwinds reverse later this year.
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Read More on OSIS:
- OSI Systems reports Q1 adjusted EPS $1.25, consensus $1.07
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