In a report released yesterday, Kevin Cassidy from Rosenblatt Securities maintained a Hold rating on Innoviz Technologies (INVZ – Research Report). The company’s shares closed yesterday at $4.24.
According to TipRanks, Cassidy is a top 100 analyst with an average return of 20.4% and a 63.64% success rate. Cassidy covers the Technology sector, focusing on stocks such as Ambarella, Ouster, and Ceva.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Innoviz Technologies with a $12.50 average price target.
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INVZ market cap is currently $559.5M and has a P/E ratio of -4.66.
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Read More on INVZ:
- Innoviz Technologies announces LiDAR collaboration with Exwayz
- Innoviz Technologies selected by LOXO for autonomous vehicles
- Innoviz Technologies price target lowered to $13 from $22 at JPMorgan
- Innoviz Technologies, Outsight announce partnership
- Unusually active option classes on open December 12th
