Cantor Fitzgerald Reiterates Overweight Rating on SoundThinking (SSTI)

Cantor Fitzgerald analyst Jonathan Ruykhaver reiterated an Overweight rating and $20.00 price target on SoundThinking (NASDAQ: SSTI).

The analyst commented, "We maintain our Overweight rating and reiterate our 12-month PT at $20. SoundThinking delivered solid 1Q25 results, exceeding FactSet consensus on revenue and operating income. These results were partially driven by a $3.5 million top-line tailwind from two key NYPD contracts delayed from FY24. SoundThinking also reaffirmed its topline guidance but slightly lowered its EBITDA margin outlook."

For an analyst ratings summary and ratings history on SoundThinking click here. For more ratings news on SoundThinking click here.

Shares of SoundThinking closed at $16.22 yesterday.

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