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Technology Stocks : Special Situation Investments

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To: Paul H. Christiansen who wrote (8)10/29/2021 4:52:54 AM
From: Glenn Petersen   of 9
 
The catalyst that sent the maker of light detection and ranging (LiDAR) systems and advanced driver-assist systems exploding higher was bullish commentary issued by a Wall Street analyst who began covering the stock.

So what

Roth Capital analyst Suji Desilva initiated coverage on AEye with a buy rating, while also issuing a price target of $15. His new estimate would represent potential gains for investors of more than 237% over the coming year, compared with the stock's closing price on Monday.

Why AEye Stock Exploded Higher on Tuesday | The Motley Fool
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