Northland Securities analyst Michael Latimore maintained a Buy rating on Gorilla Technology Group Inc. (GRRR – Research Report) today and set a price target of $7.00. The company’s shares closed yesterday at $1.56.
Latimore covers the Technology sector, focusing on stocks such as DocGo, Symbotic, and Iteris. According to TipRanks, Latimore has an average return of 15.0% and a 47.99% success rate on recommended stocks.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Gorilla Technology Group Inc. with a $5.90 average price target.
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The company has a one-year high of $12.45 and a one-year low of $1.51. Currently, Gorilla Technology Group Inc. has an average volume of 7.46M.
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Gorilla Technology Group Inc is primarily engaged in providing information, software, and data processing services. It is a provider of video intelligence, Internet of Things (IoT) security, edge AI data analytics, and operational technology (OT) security solutions and services. Its reportable segments are video IoT and security convergence.
Read More on GRRR:
- Gorilla Technology Group Completes Contract Signing and Commences Project to Provide 5G Telecom and Network Investigation Solution to Major Taiwanese Law Enforcement Agency
- Gorilla completes contract signing, commences project in Taiwan
- Gorilla Technology Files Universal Shelf Registration Statement on Form F-3
- Gorilla files universal shelf registration statement on Form F-3
- Gorilla files $300M mixed securities shelf
