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.
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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
