Citron Research Posts "$INVZ This Is A CEO Who Would Every Excuse To Back Down On His Guidance Because Of The War In Israel. Instead, He Stands Behind His Team, His Technology And Most Of All His Customers Who Have Over $5B In Committed Contracts."
Portfolio Pulse from Benzinga Newsdesk
Citron Research has praised the CEO of Innoviz Technologies (INVZ) for standing by his team, technology, and customers despite the ongoing war in Israel. The company has over $5 billion in committed contracts. The stock is currently trading below cash value, but Citron Research suggests it could double once the market recognizes Innoviz as the LIDAR leader.
October 31, 2023 | 2:12 pm
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Innoviz Technologies' CEO's commitment to his team and customers, despite the war in Israel, has been praised by Citron Research. The company has over $5 billion in committed contracts and its stock is currently undervalued, suggesting potential for growth.
The CEO's commitment to his team and customers, despite the war in Israel, has been praised by Citron Research. This positive sentiment, coupled with the company's $5 billion in committed contracts, suggests that the stock is undervalued and has potential for growth. This could lead to a positive impact on the stock's price in the short term.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100