SoundThinking price target lowered to $12 from $14 at Lake Street

Lake Street lowered the firm’s price target on SoundThinking (SSTI) to $12 from $14 and keeps a Buy rating on the shares. The firm, which lowered its estimates as it notes that 2026 revenue guidance is being hurt by delays in two big deals, sees “an inexpensive market leader with some near-term catalysts,” but adds “we sympathize with investor frustration.”