LeddarTech (NASDAQ:LDTC) Price Target Raised to $3.00

LeddarTech (NASDAQ:LDTC) had its price objective raised by Roth Mkm from $1.00 to $3.00 in a research note published on Tuesday,Benzinga reports. Roth Mkm currently has a buy rating on the stock.

Separately, Westpark Capital reaffirmed a “hold” rating on shares of LeddarTech in a report on Monday, August 19th.

LeddarTech Stock Performance

Shares of NASDAQ LDTC opened at $1.62 on Tuesday. The firm has a 50 day moving average price of $0.35 and a two-hundred day moving average price of $0.64. LeddarTech has a 52-week low of $0.22 and a 52-week high of $9.99.

Institutional Investors Weigh In On LeddarTech

An institutional investor recently bought a new position in LeddarTech stock. Walleye Trading LLC bought a new stake in LeddarTech Holdings Inc. (NASDAQ:LDTC) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 98,692 shares of the company’s stock, valued at approximately $29,000. Walleye Trading LLC owned 0.34% of LeddarTech as of its most recent SEC filing. 9.62% of the stock is currently owned by institutional investors.

LeddarTech Company Profile

LeddarTech Holdings Inc provides AI-based fusion and perception software solutions for advanced driver assistance solutions and autonomous driving applications in Canada. It offers LeddarVision, a raw sensor fusion and perception platform for automotive and off-road industrial vehicles. The company was founded in 2007 and is based in Quebec City, Canada.