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
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