Craig-Hallum Maintains Buy on Ouster, Raises Price Target to $13
Portfolio Pulse from Benzinga Newsdesk
Craig-Hallum analyst Richard Shannon maintains a Buy rating on Ouster (NYSE:OUST) and raises the price target from $10 to $13.
May 10, 2024 | 4:05 pm
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Craig-Hallum analyst Richard Shannon reaffirmed a Buy rating on Ouster and increased the price target from $10 to $13, indicating a positive outlook on the company's future performance.
The increase in price target by a reputable analyst like Richard Shannon suggests a strong confidence in Ouster's growth prospects and operational performance. Such endorsements often lead to positive investor sentiment and can drive the stock price up in the short term.
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IMPORTANCE 90
RELEVANCE 100