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NLight Flashes Buy Signal On U.S. Contract For Missile, Drone Defense
Investor's Business Daily77d agobullish
NLight Flashes Buy Signal On U.S. Contract For Missile, Drone Defense

NLight stock blasted higher on Thursday, flashing an early buy signal after the Defense Department tapped the Camas, Wash., company to create the next-generation architecture for low-cost U.S. missile and drone defense. Lockheed Martin's Aculight unit also was selected for the Joint Laser Weapon System program. Craig-Hallum hiked its price target on NLight to 100 from 80, keeping a buy rating, according to The Fly investment news site.