Wedbush Reiterates OP Rating, $26 PT on Radiant Systems

Wedbush is reiterating its Outperform rating and $26 price target on shares of Radiant Systems RADS. “We believe Radiant will generate mid-teen revenue growth for the next 3-5 years as acceleration in restaurant chain activity and recurring service penetration is enhanced by expanded international opportunities and a pickup of activity in the channel business,” Wedbush writes. Radiant Systems closed Monday at $19.76.