Goldman Sachs analyst Mark Delaney maintained a Buy rating on Innoviz Technologies (INVZ – Research Report) yesterday. The company’s shares closed yesterday at $1.61.
Delaney covers the Consumer Cyclical sector, focusing on stocks such as Rivian Automotive, Tesla, and General Motors. According to TipRanks, Delaney has an average return of 16.6% and a 61.57% success rate on recommended stocks.
Innoviz Technologies has an analyst consensus of Moderate Buy, with a price target consensus of $2.50.
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INVZ market cap is currently $240.7M and has a P/E ratio of -1.77.
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Innoviz Technologies (INVZ) Company Description:
Innoviz Technologies provides solid-state LiDAR and perception solutions supporting the mass production of safe autonomous driving vehicles. Its products and solutions enable safe autonomy and are primarily used in the automotive sector and other industries requiring three-dimensional high-resolution sensors.
Read More on INVZ:
- Innoviz Reports Fourth Quarter and Full Year 2023 Results, Exceeding Revenue Guidance
- Largest borrow rate increases among liquid names
- Innoviz Technologies attains IATF 16949:2016 certification
- Innoviz announces strategic realignment and headcount reduction of 13%
- Unusually active option classes on open January 4th
