One Stop Systems downgraded to Hold from Buy at Lake Street

Lake Street analyst Eric Martinuzzi downgraded One Stop Systems to Hold from Buy with a price target of $3, down from $3.50, telling investors that its “outlook was a disappointment.” The company is “facing challenges on multiple fronts” as its largest 2022 account, Disguise, will no longer be a customer as of Q3, a large autonomous trucking client, Embark Technology, closed its doors and other autonomous trucking customers are delaying deployments, the analyst tells investors.