Cantor Fitzgerald Raises PT for nLIGHT (LASR), Keeps Overweight Rating

Core Viewpoint - nLIGHT, Inc. (NASDAQ:LASR) is highlighted as a promising investment opportunity among small publicly traded semiconductor companies, with an increased price target from Cantor Fitzgerald indicating positive sentiment towards the company's outlook [1][2]. Group 1: Price Target and Rating - Cantor Fitzgerald raised the price target for nLIGHT, Inc. from $27.50 to $33.50 while maintaining an Overweight rating, reflecting confidence in the company's performance [1][2]. - The positive outlook follows discussions with nLIGHT's CEO and Vice President of Corporate Development, suggesting a strong management perspective on future growth [1]. Group 2: Company Performance and Outlook - The research firm anticipates that nLIGHT has a sufficient backlog and pipeline to achieve the higher end of its third-quarter guidance, indicating robust operational capacity [2]. - Expectations for sequential growth in the fourth quarter further bolster the company's investment appeal [2]. - nLIGHT specializes in designing and manufacturing high-power semiconductor and fiber lasers for various applications, including directed energy and advanced manufacturing [2].