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American Science may benefit from foreign sale, says Stifel Nicolaus

Stifel Nicolaus reports that the Defense Security Cooperation Agency on Friday posted an announcement that it had informed Congress of a possible foreign military sale of 70 security vehicles from American Science & Engineering. The firm thinks the deal would worth at least $84M over three years and would enable the company to surpass the firm's estimates. The firm maintains a $75 price target and Buy rating on the shares.