Roth MKM analyst Scott Searle raised the firm’s price target on One Stop Systems to $5.50 from $5 and keeps a Buy rating on the shares. The company’s Q4 results were “mixed”, with upside in earnings and sales but “modestly” lower Q1 outlook, the analyst tells investors in a research note. The quarter marks One Stop’s continued efforts to improve its sales mix, including walking away from a lower-margin legacy business as well as targeting more margin-rich designs with a growing opportunity pipeline, the firm added.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on OSS:
- One Stop Systems Reports Q4 and Full-Year 2023 Financials
- One Stop Systems Reports Q4 2023 Results
- OSS Upcoming Earnings Report: What to Expect?
- One Stop Systems secures project for liquid immersion-cooled storage server
- OSS Wins U.S. Intelligence AI Project for Liquid Immersion-Cooled Storage Server at the Edge