WestPark Capital analyst Casey Ryan downgraded Ouster (OUST) to Hold from Buy. The firm cites valuation for the downgrade, saying the company’s outlook for the remainder of fiscal 2025 is now well reflected in the shares. Ouster now trades at 4.7-times enterprise value to sales for fiscal 2026, compared to the peer group multiple of 3.0-times, the analyst tells investors in a research note. WestPark expects Ouster shares to trade in-line with the market broadly over the coming months.
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