Wedbush Reiterates Outperform on Radiant Systems (RADS)

Wedbush is out with its report today on Radiant Systems RADS, reiterating Outperform.

In a note to clients, Wedbush writes, "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 has now been joined by expanded international opportunities and a pickup of activity in the channel business."

Wedbush has a $26 PT on RADS.

Shares of RADS closed Monday at $15.89, down 2.16% from Friday's close.