Craig-Hallum analyst Richard Shannon maintained a Buy rating on Ouster (OUST – Research Report) today and set a price target of $9.00. The company’s shares opened today at $4.61.
According to TipRanks, Shannon is an analyst with an average return of -3.0% and a 37.43% success rate. Shannon covers the Technology sector, focusing on stocks such as Coherent Corp, IonQ, and Emcore.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Ouster with a $8.25 average price target.
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The company has a one-year high of $19.19 and a one-year low of $3.21. Currently, Ouster has an average volume of 613.2K.
Based on the recent corporate insider activity of 63 insiders, corporate insider sentiment is neutral on the stock.
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Ouster (OUST) Company Description:
Colonnade Acquisition Corp is a blank check company.
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