Boenning & Scattergood Announces Investment Opinion on EMS Technologies, Inc.WEST CONSHOHOCKEN, Pa. -- Boenning & Scattergood initiated coverage of EMS Technologies, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :ELMG ELMG EMS Technologies, Inc (stock symbol) ELMG Electromagnetic Sciences, Inc ELMG Engine Life Management Group ) today with a Market Outperform market outperform An analyst recommendation that a stock is expected to outperform the overall market. rating and a 12-month price target of $36.00. EMS Technologies designs, develops, and manufacturers advanced communication systems which allow its commercial and government customers to take advantage of enterprise mobility, communications-on-the-move, and in-flight connectivity solutions. We believe EMS Technologies' portfolio of advanced communication businesses are poised to experience accelerated levels of activity in the coming periods for the following reasons: * A more sound and efficient operating model Operating Model is a term that is used in many contexts. In essence an operating model describes how an organization operates across both business and technology domains. The Operating Model describes what is important for the organization. should allow the company to take advantage of several secular commercial and defense market drivers over the next five to ten years. * EMS's SATCOM unit is strategically positioned to take advantage of the emerging trend of aeronautical aer·o·nau·tic also aer·o·nau·ti·cal adj. Of or relating to aeronautics. aer  o·nau broadband access See broadband and wireless broadband. (a.k.a.
in-flight internet access).
* EMS's resurging Defense & Space Systems unit is now better positioned to capitalize on a favorable defense environment. About Boenning & Scattergood: Founded in 1914, Boenning & Scattergood, Inc. is the oldest independently owned investment securities firm in the Philadelphia region. The firm offers a full compliment of investment services to institutional, retail and corporate clients, including research, sales, trading, investment banking and public finance. For more information, please visit www.boenninginc.com. This release is neither an offer to sell nor a solicitation to buy any securities mentioned herein. Please refer to the full report, which is available upon request, for additional details and disclosures. |
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