Morgan Keegan Raises Price Target On OSI Systems To $45

According to Morgan Keegan, OSI Systems OSIS price target is raised to $45. Morgan Keegan said that it is very optimistic about the outlook for OSI in both the near and long term. “We have decided to raise our price target to $45 from $43 and maintain our Outperform rating on shares of OSIS (we note that we will provide a further update after the company releases FY 2011 results in August, and we see a significant chance that our projections and target price will increase at that point).” OSI Systems closed yesterday at $43.40.