Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon Russell started coverage on shares of Ouster (NYSE:OUST) in a research note issued to investors on Wednesday, Analyst Price Targets reports. The firm issued a buy rating and a $17.00 price objective on the stock.

NYSE OUST opened at $9.87 on Wednesday. Ouster has a 52-week low of $7.55 and a 52-week high of $17.73.

Ouster Company Profile

Ouster, Inc develops multi-beam digital lidar sensors and software products for autonomous vehicles, drones, mapping, defense, robotics, industrials, building security, smart cities, virtual reality/augmented reality (VR/AR), and others. The company provides high-resolution lidar sensors for long, mid, and short range applications.

Further Reading: Are sell-side analysts objective?

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