Ouster Reports Strong Revenue and Margins for Second Quarter 2024

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Ouster Inc. (OUST) PT Lowered to $12 at Cantor Fitzgerald

August 14, 2024 6:31 AM EDT

Cantor Fitzgerald analyst Andres Sheppard lowered the price target on Ouster Inc. (NYSE: OUST) to $12.00 (from $13.00) while maintaining a Neutral rating.

The analyst comments "We reiterate our Neutral rating but are lowering our price target to $12 (from $13) due to lower peer multiples.... More