Morgan Keegan Maintains Outperform on OSI Systems

Morgan Keegan is out with its report today on OSI Systems OSIS, maintaining Outperform. In its report, Morgan Keegan writes, "We continue to be very optimistic about the near and long term outlook for OSI. The company appears to be well positioned in all major target markets and has a number of significant potential upcoming catalysts. With a 22% EPS CAGR expected over the next two years (with the potential for upside in both FY 2012 and FY 2013) we see shares attractively valued trading at only 14.8x FY 2012 EPS and 12.2x estimated FY 2013 EPS." Morgan Keegan maintains a $45 PT on OSIS. At the time of posting, shares of OSIS were trading at $33.20, down 0.51% from Friday's close.