InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,226.69
(
0.10%
)
US TECH 100
17,759.60
(
0.21%
)
Dow Jones
39,420.52
(
-0.03%
)
Brent Oil
82.11
(
-1.33%
)
Bitcoin
61,204.88
(
-2.70%
)
Post# of 304
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Keep Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

XenaLives

Send PM Follow Ignore
Followers 481
Posts 60472
Boards Moderated 18
Alias Born 09/20/2001

XenaLives

Member Level

Re: None

Friday, 11/19/2021 12:27:23 AM

Friday, November 19, 2021 12:27:23 AM

Post# of 304

Guggenheim keeps a constructive view on AEye (NASDAQ:LIDR) after taking in the company's Q3 earnings report.

Analyst Joseph Osha notes that AEye continues to make progress in building out partnerships and customers, most notably with Continental.

"While volume production isn’t going to kick in until 2024, the Continental relationship continues to be an important validation of LIDR's technological viability. We also believe that the licensing approach in automotive is likely to end up being the right way forward, as opposed to attempting a higher level of vertical integration."

AEye is seen being on track to hit its financial targets.

Guggenheim reiterates a Buy rating on LIDR and assigns a price target of $14.

Shares of LIDR are down 13.19% following the earnings update and stand below the 50-day, 100-day and 200-day moving averages.



https://seekingalpha.com/news/3769995-aeye-is-defended-at-guggenheim-for-long-term-potential-after-earnings-stumble


Public Reply Private Reply New Post
Keep Last Read
Keep Last Read Next 10 Report Keyboard Shortcuts
Next 10 Prev Next
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Detailed Quote
Recent LIDR News
More LIDR News
InvestorsHub NewsWire

FEATURED POET Announces Design Win and Collaboration with Foxconn Interconnect Technology for High-speed AI Systems • May 14, 2024 10:09 AM

FEATURED Element79 Gold Corp Reports Exceptionally High-Grade Results from Lucero • May 14, 2024 7:00 AM

VAYK Added New Manager for Expansion into $64 Billion Domestic Short-term Rental Market • VAYK • May 14, 2024 9:00 AM

Avant Technologies Equipping AI-Managed Data Center with High Performance Computing Systems • AVAI • May 10, 2024 8:00 AM

VAYK Discloses Strategic Conversation on Potential Acquisition of $4 Million Home Service Business • VAYK • May 9, 2024 9:00 AM

Bantec's Howco Awarded $4.19 Million Dollar U.S. Department of Defense Contract • BANT • May 8, 2024 10:00 AM

Start posting your company's news
Only $200 per official company press release!