Cantor Fitzgerald Reiterates Overweight on SoundThinking, Maintains $30 Price Target
Portfolio Pulse from Benzinga Newsdesk
Cantor Fitzgerald analyst Jonathan Ruykhaver has reiterated an Overweight rating on SoundThinking (NASDAQ:SSTI) and maintained a $30 price target.
November 08, 2023 | 5:22 pm
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Cantor Fitzgerald has reiterated an Overweight rating on SoundThinking, maintaining a $30 price target. This could potentially boost investor confidence in the stock.
Analyst ratings and price targets can significantly influence investor sentiment and stock price. An Overweight rating suggests that the analyst believes the stock will outperform its industry in the near term. Maintaining a $30 price target indicates the analyst's confidence in the stock's potential to reach this price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100