Knightscope (NASDAQ: KSCP), a leading developer of autonomous security robots (“ASRs”) and blue light emergency communication systems, was spotlighted in a recent Ascendiant Capital Markets LLC research and analysis report. In the report, Ascendiant maintained a buy rating and revised its price target upward to $3.75 per share from $3.50 per share.
“We are maintaining our BUY rating but raising our 12-month price target to $3.75 from $3.50, based on a NPV analysis, representing significant upside from the current share price,” the Ascendiant report stated. “We believe this valuation appropriately balances out the company’s high risks with its high growth prospects and large upside opportunities. . . . We believe strong growth over the next year and AI assets to drive stock much higher.”
An investment banking and equity research firm, Ascendiant focuses on high-growth sectors with expertise in technology, healthcare and other emerging industries. The company was not compensated for advisory or investment banking services from Knightscope in the past 12 months.
To view the full research report, visit https://ibn.fm/KPfr0
To view the full press release, visit https://ibn.fm/AJceQ
About Knightscope, Inc.
Knightscope is an advanced public safety technology company that builds fully autonomous security robots and blue light emergency communications systems that help protect the places people live, work, study and visit. Knightscope’s long-term ambition is to make the United States of America the safest country in the world. For more information about the company, please visit www.Knightscope.com.
NOTE TO INVESTORS: The latest news and updates relating to KSCP are available in the company’s newsroom at https://ibn.fm/KSCP
About AINewsWire
AINewsWire (“AINW”) is a specialized communications platform with a focus on the latest advancements in artificial intelligence (“AI”), including the technologies, trends and trailblazers driving innovation forward. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, AINW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, AINW brings its clients unparalleled recognition and brand awareness.
AINW is where breaking news, insightful content and actionable information converge.
To receive SMS alerts from AINewsWire, text “AI” to 844-397-5787 (U.S. Mobile Phones Only)
For more information, please visit www.AINewsWire.com
Please see full terms of use and disclaimers on the AINewsWire website applicable to all content provided by AINW, wherever published or re-published: https://www.AINewsWire.com/Disclaimer
AINewsWire
Los Angeles, CA
www.AINewsWire.com
310.299.1717 Office
Editor@AINewsWire.com
AINewsWire is powered by IBN
