MultiSensor AI initiated with a Buy at Roth MKM

Roth MKM initiated coverage of MultiSensor AI with a Buy rating and $8 price target. The analyst believes MultiSensor AI’s predictive asset management platform is highly differentiated with its integrated IR video sensing and predictive management software. Tests have shown high returns on investment for customers driving adoption led by leading global e-tailer, the analyst tells investors in a research note. Roth believes distribution, manufacturing, utilities and other industries create an estimated $14B total addressable market for the company.