TSS, Inc. initiated with a Buy at Lucid Capital

Lucid Capital initiated coverage of TSS, Inc. (TSSI) with a Buy rating and $15 price target The firm says TSS is “one of the most important AI companies that you’ve probably never heard of.” The company has a history of procuring hardware, building server racks, and maintaining computer networks, the analyst tells investors in a research note. Lucid believes the company’s demand has “skyrocketed” over the last few years amid the “AI arms race.” It believes TSS’s partnership with Dell has become a key competitive advantage.