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Duos Technologies Group price target lowered to $7 from $10 at Northland

Northland lowered the firm’s price target on Duos Technologies Group to $7 from $10 and keeps an Outperform rating on the shares. Duos withdrew guidance along with their Q3 report given delays in deployments at its largest customer in particular, notes the firm, which is lowering its FY24 revenue and EBITDA estimates.

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