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Roth Capital recommends to buy PowerFleet on weakness

Roth Capital keeps a Buy rating and $13 price target on PowerFleet (AIOT) after its FY25 and FY26 guidance but recommends that investors buy the stock following Friday’s 14% decline. The Administration’s constant tariff yo-yoing is extending decision-making processes and obscuring near-term visibility, and the firm believed that the company had more near-term wiggle room, though Roth expects an ascension to sustained double-digit growth in FY27 with a more stable economic policy, the analyst tells investors in a research note.

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