Lake Street analyst Eric Martinuzzi lowered the firm’s price target on SoundThinking (SSTI) to $14 from $19 and keeps a Buy rating on the shares. The firm lowered its price target following a top line miss in Q3 due to uncertainty with contract delays and a lower outlook for 2026, but adds that it believes the RFP with Chicago is trending positively and thinks the company “remains well positioned.”
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SSTI:
- SoundThinking Inc. Receives Hold Rating Amid Revenue Decline and Future Growth Prospects
- SoundThinking price target lowered to $16 from $20 at Cantor Fitzgerald
- SoundThinking downgraded to Hold from Buy at Craig-Hallum
- SoundThinking price target lowered to $16 from $19 at Citizens JMP
- SoundThinking, Inc. Reports Q3 2025 Financial Results