<div id="readability-page-1"><p>Stock analysts at Craig Hallum initiated coverage on shares of <span>Innovative Solutions and Support (NASDAQ:ISSC - Get Free Report)</span> in a report released on Friday. The firm set a &#34;buy&#34; rating and a $16.00 price target on the aerospace company's stock. Craig Hallum's price objective indicates a potential upside of 60.32% from the stock's current price.</p><p>ISSC has been the subject of several other reports. Northland Securities initiated coverage on Innovative Solutions and Support in a research report on Friday, November 21st. They set an &#34;outperform&#34; rating and a $16.50 price objective for the company. Wall Street Zen upgraded shares of Innovative Solutions and Support from a &#34;hold&#34; rating to a &#34;buy&#34; rating in a research report on Saturday, November 22nd. Weiss Ratings  reaffirmed a &#34;hold (c+)&#34; rating on shares of Innovative Solutions and Support in a report on Wednesday, October 8th. Finally, Northland Capmk raised Innovative Solutions and Support to a &#34;strong-buy&#34; rating in a research note on Friday, November 21st. Two research analysts have rated the stock with a Strong Buy rating, two have assigned  a Buy rating and one  has given a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of &#34;Buy&#34; and a consensus target price of $16.25.</p><p><b>View Our Latest Analysis on Innovative Solutions and Support</b></p><h2>Innovative Solutions and Support Stock Up 1.3%</h2><p>Innovative Solutions and Support stock opened at $9.98 on Friday. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.69 and a current ratio of 3.53. The company has a market capitalization of $176.05 million, a PE ratio of 15.12 and a beta of 0.77. Innovative Solutions and Support has a fifty-two week low of $5.30 and a fifty-two week high of $20.00. The firm has a 50 day moving average price of $10.23 and a 200 day moving average price of $12.24. </p><h2>Institutional Investors Weigh In On Innovative Solutions and Support</h2><p>A number of institutional investors have recently modified their holdings of the stock. Punch &amp; Associates Investment Management Inc. grew its stake in shares of  Innovative Solutions and Support by 68.0% in the first quarter. Punch &amp; Associates Investment Management Inc. now owns 210,000 shares of the aerospace company's stock worth $1,321,000 after purchasing an additional 85,000 shares in the last quarter.  Connor Clark &amp; Lunn Investment Management Ltd. raised its position in shares of  Innovative Solutions and Support by 155.3% during the 2nd quarter. Connor Clark &amp; Lunn Investment Management Ltd. now owns 145,389 shares of the aerospace company's stock worth $2,018,000 after buying an additional 88,442 shares in the last quarter.  Algert Global LLC acquired a new stake in shares of  Innovative Solutions and Support in the 1st quarter worth approximately $152,000.  Gabelli Funds LLC boosted its holdings in shares of  Innovative Solutions and Support by 39.0% in the first quarter. Gabelli Funds LLC now owns 87,000 shares of the aerospace company's stock valued at $547,000 after acquiring an additional 24,415 shares in the last quarter.  Finally, OMERS ADMINISTRATION Corp acquired a new stake in  Innovative Solutions and Support in the first quarter worth approximately $523,000. Institutional investors and hedge funds own  28.53% of the company's stock. </p><h2>About Innovative Solutions and Support</h2> (Get Free Report)<p>Innovative Solutions and Support, Inc, a systems integrator, designs, develops, manufactures, sells, and services flight guidance, autothrottles, and cockpit display systems in the United States and internationally. It offers flat panel display systems that replicate the display of analog or digital displays on one screen and replace existing displays in legacy aircraft, as well as used for security monitoring on-board aircraft and as tactical workstations on military aircraft; and flight deck management system, a navigation and performance computer that upgrade for commercial air transport aircraft.</p><h2>Recommended Stories</h2><ul><li>Five stocks we like better than Innovative Solutions and Support</li><li>What Are Dividend Challengers?</li><li>Marvell's Rally Extends: Data Centers and AMZN Chips Boost Shares</li><li>What Are Earnings Reports?</li><li>Could Ross Stores Stock Hit $200 by Christmas? Here Are 3 Reasons Analysts Think So</li><li>Stocks with Unusual Volume: How to Find Unusual Volume Stocks in Real Time</li><li>The Trade Desk: After a 70% Plunge, This Could Be The Time to Buy</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9SVNTQw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="600" height="385" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9SVNTQw"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Innovative Solutions and Support Right Now?</h2><p>Before you consider Innovative Solutions and Support, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Innovative Solutions and Support wasn't on the list.</p><p>While Innovative Solutions and Support currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

ISSC

<p>Craig Hallum initiated coverage on Innovative Solutions and Support (NASDAQ:ISSC) with a "buy" rating and a $16.00 price target, indicating a potential upside of 60.32%. Other analysts have also rated the stock positively, with a consensus rating of "Buy" and a target price of $16.25. Institutional investors have increased their holdings, showing confidence in the company's future.</p>

Innovative Solutions and Support (NASDAQ:ISSC) Earns Buy Rating from Analysts at Craig Hallum