Shotspotter (SSTI) Misses Q3 EPS by 9c, Revenues Beat; Lifts FY18 Revenue Guidance, Initiates FY19 Revenue Outlook

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Go back to Shotspotter (SSTI) Misses Q3 EPS by 9c, Revenues Beat; Lifts FY18 Revenue Guidance, Initiates FY19 Revenue Outlook

ShotSpotter (SSTI) PT Lowered to $55 at JMP Securities

November 14, 2018 8:48 AM EST

JMP Securities analyst Joseph Osha lowered the price target on ShotSpotter (NASDAQ: SSTI) to $55.00 (from $62.00) while maintaining a Market Outperform rating following the company's 3Q earnings report.

Revenue was above consensus, albeit slightly below our own more aggressive estimates. SSTI is... More