NetworkNewsBreaks – Knightscope, Inc. (NASDAQ: K
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Posted On: 09/19/2023 4:17:53 PM
NetworkNewsBreaks – Knightscope, Inc. (NASDAQ: KSCP) Announces Upward Revision of Price Target from Ascendiant Capital Markets
Knightscope (NASDAQ: KSCP), a leading developer of autonomous security robots (“ASRs”) and blue light emergency communication systems, was spotlighted in a recent Ascendiant Capital Markets LLC research and analysis report. In the report, Ascendiant maintained a buy rating and revised its price target upward to $3.75 per share from $3.50 per share.
“We are maintaining our BUY rating but raising our 12-month price target to $3.75 from $3.50, based on a NPV analysis, representing significant upside from the current share price,” the Ascendiant report stated. “We believe this valuation appropriately balances out the company’s high risks with its high growth prospects and large upside opportunities. . . . We believe strong growth over the next year and AI assets to drive stock much higher.”
An investment banking and equity research firm, Ascendiant focuses on high-growth sectors with expertise in technology, healthcare and other emerging industries. The company was not compensated for advisory or investment banking services from Knightscope in the past 12 months.
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Knightscope (NASDAQ: KSCP), a leading developer of autonomous security robots (“ASRs”) and blue light emergency communication systems, was spotlighted in a recent Ascendiant Capital Markets LLC research and analysis report. In the report, Ascendiant maintained a buy rating and revised its price target upward to $3.75 per share from $3.50 per share.
“We are maintaining our BUY rating but raising our 12-month price target to $3.75 from $3.50, based on a NPV analysis, representing significant upside from the current share price,” the Ascendiant report stated. “We believe this valuation appropriately balances out the company’s high risks with its high growth prospects and large upside opportunities. . . . We believe strong growth over the next year and AI assets to drive stock much higher.”
An investment banking and equity research firm, Ascendiant focuses on high-growth sectors with expertise in technology, healthcare and other emerging industries. The company was not compensated for advisory or investment banking services from Knightscope in the past 12 months.
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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