Citigroup Downgrades Electro Optic Systems (OTCMKTS:EOPSF) to Neutral

Electro Optic Systems (OTCMKTS:EOPSF) was downgraded by equities research analysts at Citigroup from a “buy” rating to a “neutral” rating in a report issued on Tuesday, The Fly reports.

Separately, Canaccord Genuity cut shares of Electro Optic Systems to a “buy” rating in a research note on Monday.

Shares of OTCMKTS:EOPSF remained flat at $$4.06 on Tuesday. Electro Optic Systems has a 1-year low of $4.06 and a 1-year high of $4.06.

Electro Optic Systems Company Profile

Electro Optic Systems Holdings Limited engages in the development, manufacture, and sale of telescopes and dome enclosures, laser satellite tracking systems, microwave communications, and electro-optic fire control systems. It operates through Defense, Space, and Communication segments. The Defense segment develops, manufactures, and markets fire control, surveillance, and weapon systems to military customers.

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