Stock Track | Ouster Soars 5.86% in Pre-market on New Buy Rating and $75 Price Target

Stock Track

05/29

Ouster Inc. (OUST) stock surged 5.86% during pre-market trading on Friday, following positive analyst coverage initiation.

The price movement comes after Roth Capital analyst Suji Desilva initiated coverage of Ouster with a Buy rating and a $75 price target. According to the research note, the company is positioned to outgrow the market, with Roth MKM also issuing a similar bullish rating.

This new analyst endorsement significantly exceeds the average price target of $46.17 cited by FactSet, providing a substantial catalyst for investor optimism and driving the pre-market rally.

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(OUST) stock surged 5.86% during pre-market trading on Friday, following positive analyst coverage initiation.</p><p>The price movement comes after Roth Capital analyst Suji Desilva initiated coverage of Ouster with a Buy rating and a $75 price target. 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