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Ouster (OUST)

Rosenblatt Securities analyst Kevin Cassidy maintained a Buy rating on Ouster yesterday and set a price target of $53.00. The company’s shares closed last Tuesday at $42.70.

According to TipRanks.com, Cassidy is a top 100 analyst with an average return of 40.3% and a 65.5% success rate. Cassidy covers the Technology sector, focusing on stocks such as Advanced Micro Devices, Navitas Semiconductor, and Lattice Semiconductor.

Ouster has an analyst consensus of Strong Buy, with a price target consensus of $39.25, a -2.3% downside from current levels. In a report issued on May 15, TipRanks – xAI also upgraded the stock to Buy with a $38.00 price target.