- Maxim analyst Matthew Galinko initiated coverage of Cepton Inc (NASDAQ:CPTN) with a Buy rating and $22 price target.
- The price target implies an upside of 29.6%.
- The analyst contended a broad appetite for driver assistance and accident mitigation systems to improve road safety.
- Galinko said that the company’s LiDAR technology is the leading contender to improve on current approaches.
- Price Action: CPTN shares traded higher by 17.6% at $16.94 on the last check Wednesday.
VeChain Decreases More Than 5% Within 24 hours
VeChain's (CRYPTO: VET) price has decreased 5.85% over the past 24 hours to $0.12. This is contrary to the coins performance over the past week where it has experienced an up-trend of 7.0%, moving from $0.11 to its current price.