Kopin initiated with a Buy at Lake Street

Lake Street initiated coverage of Kopin with a Buy rating and $2.50 price target. Kopin – the only U.S.-owned microdisplay company and one of only two suppliers able to build four different types of microdisplays – has implemented personnel and strategic changes over the last 20 months that the firm believes put it on a path to see strong, sustained top line growth and improving margins, the analyst tells investors.