ShotSpotter +1.8% as Imperial turns bullish

|About: ShotSpotter, Inc. (SSTI)|By:, SA News Editor

Imperial Capital upgrades ShotSpotter (NASDAQ:SSTI) from In-Line to Outperform with a $49 price target.

The firm cites the pullback following the Q1 print, confidence in SSTI's growth and profitability outlook, and a recent software acquisition that could provide better margins than the core business.

Imperial says SSTI's dominant market position could make it an attractive M&A candidate.

SSTI shares are up 1.8% to $45.13.

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