MultiSensor AI (NASDAQ:MSAI) Earns Buy Rating from Analysts at D. Boral Capital

Analysts at D. Boral Capital started coverage on shares of MultiSensor AI (NASDAQ:MSAI) in a report released on Tuesday,Benzinga reports. The firm set a “buy” rating and a $2.50 price target on the stock. D. Boral Capital’s price objective points to a potential upside of 72.41% from the stock’s previous close.

MultiSensor AI Trading Up 13.3 %

NASDAQ:MSAI opened at $1.45 on Tuesday. The stock has a fifty day simple moving average of $1.62 and a 200-day simple moving average of $1.82. MultiSensor AI has a twelve month low of $1.22 and a twelve month high of $5.00.

Hedge Funds Weigh In On MultiSensor AI

Hedge funds have recently added to or reduced their stakes in the stock. Citadel Advisors LLC purchased a new stake in shares of MultiSensor AI in the fourth quarter valued at approximately $25,000. Verus Capital Partners LLC purchased a new position in MultiSensor AI during the 3rd quarter worth $38,000. Cherrydale Wealth Management LLC purchased a new position in MultiSensor AI during the 4th quarter worth $138,000. 272 Capital LP purchased a new stake in shares of MultiSensor AI in the 3rd quarter worth $243,000. Finally, Geode Capital Management LLC grew its position in shares of MultiSensor AI by 149.9% during the 3rd quarter. Geode Capital Management LLC now owns 129,189 shares of the company’s stock worth $279,000 after buying an additional 77,497 shares in the last quarter. 82.32% of the stock is currently owned by institutional investors.

MultiSensor AI Company Profile

MultiSensor AI Holdings, Inc manufactures and distributes multi-sensor systems for thermographic and other use in various industrial applications in the United States and internationally. The company offers sensor devices ranging from small to large handheld designs with built-in displays and controls, fixed-mounted pan-tilt-zoom single- and multi-sensor camera standalone systems, and mobile multi-sensor payload and gimbal systems for unmanned aerial vehicles and unmanned ground vehicles.