SoundThinking initiated with an Overweight at Cantor Fitzgerald

Cantor Fitzgerald analyst Jonathan Ruykhaver initiated coverage of SoundThinking with an Overweight rating and $30 price target. SoundThinking is an integrated software-as-a-service platform delivering precision policing, record management and data analytics solutions with the goal of helping to prevent and reduce gun violence, the analyst tells investors in a research note. The firm sees the company’s Precision Policing Suite as well positioned to address modern policing requirements, setting up a broader growth opportunity for the long term.