Roth MKM Initiates Coverage On Genasys with Buy Rating, Announces Price Target of $3.5
Portfolio Pulse from Benzinga Newsdesk
Roth MKM analyst Scott Searle has initiated coverage on Genasys (NASDAQ:GNSS) with a Buy rating and set a price target of $3.5 for the company's stock.

November 13, 2023 | 5:03 pm
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Genasys receives a Buy rating from Roth MKM with a price target of $3.5, indicating a positive outlook on the stock.
Analyst ratings, especially initiations of coverage with a Buy rating, can have a significant positive impact on a stock's price in the short term as they often lead to increased investor interest and perceived validation of the company's prospects. The price target of $3.5 suggests an upside potential from the current trading price, which could attract investors looking for growth opportunities.
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