$OUST So what In a new note released on Wednesday morning, Citibank analyst Itay Michaeli initiated coverage of Ouster with a buy rating and a price target of $17. Michaeli wrote that the company appears particularly well positioned in comparison to other newly public lidar makers because of its "unique" digital sensors and its leading position in vertical markets outside of autos. Ouster sells its lidar sensors packaged with software optimized for a variety of industrial and robotics applications, in addition to its offerings for automobiles and heavy trucks.
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