In a report released today, Michael Latimore from Northland Securities maintained a Buy rating on Rekor Systems (REKR – Research Report), with a price target of $4.50. The company’s shares closed yesterday at $3.40.
According to TipRanks, Latimore is a 5-star analyst with an average return of 18.4% and a 52.32% success rate. Latimore covers the Technology sector, focusing on stocks such as SoundHound AI, Inc Class A, Rekor Systems, and Synchronoss Technologies.
Rekor Systems has an analyst consensus of Moderate Buy, with a price target consensus of $4.50.
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The company has a one-year high of $4.15 and a one-year low of $1.00. Currently, Rekor Systems has an average volume of 877K.
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Rekor Systems (REKR) Company Description:
Rekor Systems, Inc. is a holding company, which engages in the provision of products and services to both government and private sector clients, with an emphasis on public safety, risk management, and workforce solutions. It also offers staffing services primarily in the aerospace and aviation industries. The company was founded by James K. McCarthy on February 6, 2017 and is headquartered in Columbia, MD.
Read More on REKR:
- Rekor Systems secures five-year traffic counting contract in Georgia
- Rekor Systems secures over $3M in public safety, licensing contracts
- Rekor Systems partners with Philadelphia Industrial Development Corporation
- Rekor Systems, Kistler partner on roadway intelligence
- Rekor Systems announces $2.1M contract expansion with TxDOT
