NetworkNewsBreaks – Knightscope, Inc. (NASDAQ: K
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Knightscope (NASDAQ: KSCP), a leading developer of autonomous security robots (“ASRs”) and blue light emergency communication systems, is spotlighted in a recent Ascendiant Capital Markets LLC report. According to the report, Ascendiant initiates coverage on the company’s stock with a buy rating and a price target of $3.50 per share. An investment banking and equity research firm, Ascendiant focuses on high-growth sectors and has an expertise in technology, healthcare, and other emerging industries.
In the report, Ascendiant shares its extensive research on and analysis of Knightscope’s business model and also reports on the company’s technological advancements and market potential. Based on that comprehensive evaluation, the Ascendiant study reports a positive outlook on Knightscope’s growth prospects and notes substantial upside potential for the company’s stock.
“This recognition from Ascendiant reflects their confidence in our innovative autonomous security solutions, our strong market position, and our ability to deliver long-term value to our shareholders with a buy rating,” said Knightscope chair and CEO William Santana Li in the press release. “The Rise of the Robots continues, and Wall Street is now taking notice that Knightscope has a unique set of disruptive technologies combining artificial intelligence, autonomy, robotics and electric vehicle technology.”
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