WestPark Capital Maintains Buy on Ouster, Lowers Price Target to $13
Portfolio Pulse from Benzinga Newsdesk
WestPark Capital analyst Kevin Garrigan maintains a Buy rating on Ouster (NYSE:OUST) but lowers the price target from $17 to $13.
August 14, 2024 | 6:17 pm
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WestPark Capital analyst Kevin Garrigan maintains a Buy rating on Ouster but lowers the price target from $17 to $13.
The Buy rating suggests continued confidence in Ouster's long-term prospects, but the lowered price target indicates some short-term concerns or adjustments in valuation. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100