Ouster (NYSE:OUST) Coverage Initiated by Analysts at Robert W. Baird


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Equities researchers at Robert W. Baird initiated coverage on shares of Ouster (NYSE:OUST) in a report released on Tuesday, The Fly reports. The firm set an “outperform” rating on the stock.

Other research analysts have also recently issued research reports about the company. Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon Russell started coverage on Ouster in a research report on Tuesday, April 13th. They set a “buy” rating and a $17.00 price target on the stock. Citigroup started coverage on Ouster in a research report on Wednesday, April 7th. They set a “buy” rating and a $17.00 price target on the stock.

OUST stock traded up $0.08 during midday trading on Tuesday, hitting $10.73. The company’s stock had a trading volume of 46,425 shares, compared to its average volume of 1,760,621. Ouster has a 1 year low of $7.55 and a 1 year high of $17.73.

Several hedge funds and other institutional investors have recently modified their holdings of OUST. Howard Financial Services LTD. purchased a new position in shares of Ouster during the 1st quarter valued at $85,000. Stratos Wealth Partners LTD. purchased a new stake in Ouster during the 1st quarter worth about $94,000. International Assets Investment Management LLC purchased a new stake in Ouster during the 1st quarter worth about $102,000. CAPROCK Group Inc. purchased a new stake in Ouster during the 1st quarter worth about $137,000. Finally, GWM Advisors LLC purchased a new stake in Ouster during the 1st quarter worth about $167,000.

Ouster Company Profile

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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