Date | Upside/Downside | Analyst Firm | Price Target Change | Rating Change | Previous / Current Rating |
---|---|---|---|---|---|
08/15/2023 | 62.27% | B. Riley Securities | $3.75 → $4 | Maintains | Buy |
03/28/2023 | 21.7% | B. Riley Securities | $4 → $3 | Maintains | Buy |
04/14/2020 | 143.41% | B. Riley Securities | → $6 | Initiates Coverage On | → Buy |
What is the target price for Rekor Systems (REKR)?
The latest price target for Rekor Systems (NASDAQ: REKR) was reported by B. Riley Securities on August 15, 2023. The analyst firm set a price target for $4.00 expecting REKR to rise to within 12 months (a possible 62.27% upside). 2 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Rekor Systems (REKR)?
The latest analyst rating for Rekor Systems (NASDAQ: REKR) was provided by B. Riley Securities, and Rekor Systems maintained their buy rating.
When is the next analyst rating going to be posted or updated for Rekor Systems (REKR)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Rekor Systems, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Rekor Systems was filed on August 15, 2023 so you should expect the next rating to be made available sometime around August 15, 2024.
Is the Analyst Rating Rekor Systems (REKR) correct?
While ratings are subjective and will change, the latest Rekor Systems (REKR) rating was a maintained with a price target of $3.75 to $4.00. The current price Rekor Systems (REKR) is trading at is $2.47, which is out of the analyst's predicted range.