Kopin price target raised to $2.50 from $2 at Canaccord

Canaccord raised the firm’s price target on Kopin (KOPN) to $2.50 from $2 and keeps a Buy rating on the shares. The firm noted reports that the U.S. Army will launch a re-compete for the goggles used in its landmark IVAS program and they feel Kopin is likely in a strong position to potentially capture the display portion of the program which could represent an opportunity in the hundreds of millions of dollars over several years.