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Owlet price target raised, named a top pick for 2026 at Northland

Northland analyst Owen Rickert raised the firm’s price target on Owlet (OWLT) to $20 from $15.50 and keeps an Outperform rating on the shares, which have been named as a top pick for 2026. The firm views 2026 as “a strong investment year with opportunities to continue to take market share,” highlighting the company’s recent cap table cleanup, common stock offering, and momentum with Owlet 360.

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