- Jefferies analyst Stephen Volkmann initiated coverage of industrial robotics company Sarcos Technology & Robotics Corp (NASDAQ:STRC) with a Buy rating and $16 price target, implying a 163.2% upside.
- Sarcos is developing robotics to augment work in non-standard settings, Volkmann notes.
- The analyst says the technology addresses “key demographic and ESG challenges” such as worker shortages and injuries while driving increased productivity versus unassisted human employees.
- Price Action: STRC shares traded higher by 5.92% at $6.44 in the premarket session on the last check Wednesday.
Raymond James Maintains Outperform on Hilton Worldwide Holdings, Raises Price Target to $148
Raymond James analyst William Crow maintains Hilton Worldwide Holdings (NYSE:HLT) with a Outperform and raises the price target from $135 to $148.
