ShotSpotter (SSTI) PT Raised to $19.75 at Imperial Capital on 3Q Report; 'Guidance for 2018 Increased'

November 16, 2017 7:46 AM EST
Get Alerts SSTI Hot Sheet
Price: $39.09 +8.34%

Rating Summary:
    8 Buy, 2 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 30 | Down: 4 | New: 24
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Imperial Capital raised its price target on ShotSpotter (NASDAQ: SSTI) to $19.75 (from $16.00) while maintaining a Outperform rating, following the company's third quarter report.

Analyst Jeff Kessler notes an increase on the price target, as the company reported third quarter revenues above consensus projections, even as EPS results were below consensus, despite management improving 2018 guidance

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