Stock analysts at Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon Russell assumed coverage on shares of Ouster (NYSE:OUST) in a research note issued on Tuesday, Benzinga reports. The brokerage set a “buy” rating and a $17.00 price target on the stock. Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon Russell’s price target suggests a potential upside of 92.09% from the stock’s previous close.
Separately, Citigroup assumed coverage on Ouster in a research report on Wednesday, April 7th. They issued a “buy” rating and a $17.00 target price for the company.
Shares of OUST stock traded down $0.01 during trading hours on Tuesday, hitting $8.85. 13,012 shares of the company were exchanged, compared to its average volume of 1,910,913. Ouster has a 52-week low of $7.55 and a 52-week high of $17.73.
Ouster, Inc develops multi-beam digital lidar sensors and software products for autonomous vehicles, drones, mapping, defense, robotics, industrials, building security, smart cities, virtual reality/augmented reality (VR/AR), and others. The company provides high-resolution lidar sensors for long, mid, and short range applications.
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