Powerfleet Closes Strategic Acquisition of Fleet Complete

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Roth/MKM Reiterates Buy Rating on PowerFleet, Inc (AIOT)

October 3, 2024 6:24 AM EDT

Roth/MKM analyst Scott Searle reiterated a Buy rating and $13.00 price target on PowerFleet, Inc (NASDAQ: AIOT).

The analyst comments "Yesterday, AIOT hosted a fireside chat post the 10/1 Fleet Complete (FC) close. In addition to providing scale, diversification (geographies, customers, etc.), new channels (carriers),... More