Owlet initiated with an Outperform at Northland

Northland analyst Owen Rickert initiated coverage of Owlet (OWLT) with an Outperform rating and $7 price target Owlet is a leading digital parenting technology company that is “revolutionizing infant health monitoring” with real-time data and insights by leveraging a comprehensive ecosystem of connected devices, the analyst tells investors. The firm sees the company “addressing a significant gap in infant wellness and remote monitoring.”