Northland lowered the firm’s price target on SoundThinking (SSTI) to $17 from $20 and keeps an Outperform rating on the shares. A few delays among larger projects caused softer Q3 results and guidance, but management expects to return to double digit growth in FY26, the analyst tells investors in a post-earnings note.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SSTI:
- SoundThinking price target lowered to $14 from $19 at Lake Street
- 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