{"id":766028,"date":"2023-06-26T09:45:45","date_gmt":"2023-06-26T13:45:45","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/ascendiant-capital-markets-initiates-coverage-of-knightscope-with-buy-rating-and-3-50-per-share-price-target\/"},"modified":"2023-06-26T09:45:45","modified_gmt":"2023-06-26T13:45:45","slug":"ascendiant-capital-markets-initiates-coverage-of-knightscope-with-buy-rating-and-3-50-per-share-price-target","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/ascendiant-capital-markets-initiates-coverage-of-knightscope-with-buy-rating-and-3-50-per-share-price-target\/","title":{"rendered":"Ascendiant Capital Markets Initiates Coverage of Knightscope with Buy Rating and $3.50 Per Share Price Target"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Ascendiant Capital Markets Initiates Coverage of Knightscope with Buy Rating and $3.50 Per Share Price Target<\/b><\/p>\n<p>MOUNTAIN VIEW, Calif.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.knightscope.com%2F&amp;esheet=53430037&amp;newsitemid=20230626382586&amp;lan=en-US&amp;anchor=Knightscope%2C+Inc.&amp;index=1&amp;md5=6d7561ded3b31bfda0315ec76d6485d9\">Knightscope, Inc.<\/a> [Nasdaq: KSCP] (\u201cKnightscope\u201d or the \u201cCompany\u201d), a leading developer of autonomous security robots and blue light emergency communication systems, today announced that Ascendiant Capital Markets LLC (&#8220;Ascendiant&#8221;) has initiated coverage on the company&#8217;s stock with a buy rating and a price target of $3.50 per share.<\/p>\n<p id=\"news-body-cta\">This press release features multimedia. View the full release here: <a href=\"https:\/\/www.businesswire.com\/news\/home\/20230626382586\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20230626382586\/en\/<\/a><\/p>\n<div id=\"bwbodyimg\" style=\"width: 480px;float:left;padding-left:0px;padding-right:20px;padding-top:0px;padding-bottom:0px\"><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20230626382586\/en\/1827582\/4\/AscendiantKSCP1.jpg\" alt=\"Ascendiant Capital Markets Initiates Coverage of Knightscope with Buy Rating and $3.50 Per Share Price Target (Graphic: Business Wire)\" \/><\/p>\n<p style=\"font-size:85%\">Ascendiant Capital Markets Initiates Coverage of Knightscope with Buy Rating and $3.50 Per Share Price Target (Graphic: Business Wire)<\/p>\n<\/div>\n<p>\nAscendiant is an investment banking and equity research firm focusing on high-growth sectors, with expertise in technology, healthcare, and other emerging industries. It has not received compensation for advisory or investment banking services from the Company in the past 12 months.<\/p>\n<p>\nAscendiant has conducted extensive research and analysis on Knightscope&#8217;s business model, technological advancements, and market potential. Following their comprehensive evaluation, Ascendiant has expressed a positive outlook on Knightscope&#8217;s growth prospects and sees substantial upside potential for the company&#8217;s stock.<\/p>\n<p>\n&#8220;This recognition from Ascendiant reflects their confidence in our innovative autonomous security solutions, our strong market position, and our ability to deliver long-term value to our shareholders with a buy rating,\u201d said William Santana Li, chairman and CEO of Knightscope, Inc. \u201cThe Rise of the Robots continues, and Wall Street is now taking notice that Knightscope has a unique set of disruptive technologies combining artificial intelligence, autonomy, robotics and electric vehicle technology,\u201d continued Li.<\/p>\n<p>\nThe Company&#8217;s cutting-edge solutions have been deployed across various sectors, including corporate campuses, shopping centers, hospitals, and educational institutions, transforming traditional security practices and enhancing safety and efficiency.<\/p>\n<p>\nInvestors, analysts, and members of the media are encouraged to review the research report <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fascendiant.com%2Fresearch-reports%2Fcompany%2Fknightscope-inc%2F&amp;esheet=53430037&amp;newsitemid=20230626382586&amp;lan=en-US&amp;anchor=here&amp;index=2&amp;md5=c5791a73ef1ae00d6a207030bc3227cc\">here<\/a>.<\/p>\n<p><b>About Knightscope<\/b><\/p>\n<p>\nKnightscope is an advanced public safety technology company that builds fully autonomous security robots and blue light emergency communications systems that help protect the places people live, work, study and visit. Knightscope\u2019s long-term ambition is to make the United States of America the safest country in the world. Learn more about us at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.knightscope.com&amp;esheet=53430037&amp;newsitemid=20230626382586&amp;lan=en-US&amp;anchor=www.knightscope.com&amp;index=3&amp;md5=f87160a57d4018738d69fed5a85e0fbd\">www.knightscope.com<\/a>. Follow Knightscope on <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.facebook.com%2Fknightscope%2F&amp;esheet=53430037&amp;newsitemid=20230626382586&amp;lan=en-US&amp;anchor=Facebook&amp;index=4&amp;md5=a162e165c6569ae6d3501ae02b410280\">Facebook<\/a>, <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Ftwitter.com%2FiKnightscope&amp;esheet=53430037&amp;newsitemid=20230626382586&amp;lan=en-US&amp;anchor=Twitter&amp;index=5&amp;md5=d1fdefb89ce881642cad2368f3fdda94\">Twitter<\/a>, <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fknightscope-inc-%2F&amp;esheet=53430037&amp;newsitemid=20230626382586&amp;lan=en-US&amp;anchor=LinkedIn&amp;index=6&amp;md5=82c32e468d63332b17ef16b7d2f5a997\">LinkedIn<\/a> and <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.instagram.com%2Fiknightscope%2F&amp;esheet=53430037&amp;newsitemid=20230626382586&amp;lan=en-US&amp;anchor=Instagram&amp;index=7&amp;md5=3c183be4b694c5f49e79f77fa5a0bacd\">Instagram<\/a>.<\/p>\n<p><b>Forward-Looking Statements<\/b><\/p>\n<p>\nThis press release may contain \u201cforward-looking statements\u201d about Knightscope\u2019s future expectations, plans, outlook, projections and prospects. Such forward-looking statements can be identified by the use of words such as \u201cshould,\u201d \u201cmay,\u201d \u201cintends,\u201d \u201canticipates,\u201d \u201cbelieves,\u201d \u201cestimates,\u201d \u201cprojects,\u201d \u201cforecasts,\u201d \u201cexpects,\u201d \u201cplans,\u201d \u201cproposes\u201d and similar expressions. Forward-looking statements contained in this press release include, but are not limited to, statements about the Company\u2019s path to profitability, the Company\u2019s targeted annualized revenue run rate, the Company\u2019s plans for top-line growth, the Company\u2019s ability to deliver on its backlog of new orders, the benefits of the Company\u2019s planned streamlining of its operations and rightsizing of its combined workforce and the Company\u2019s ability to achieve improved margins. Although Knightscope believes that the expectations reflected in these forward-looking statements are based on reasonable assumptions, there are a number of risks and uncertainties that could cause actual results to differ materially from such forward-looking statements. These risks and uncertainties include, among other things, the risk that the restructuring costs and charges may be greater than anticipated; the risk that the Company\u2019s restructuring efforts may adversely affect the Company\u2019s internal programs and the Company\u2019s ability to recruit and retain skilled and motivated personnel, and may be distracting to employees and management; the risk that the Company\u2019s restructuring efforts may negatively impact the Company\u2019s business operations and reputation with or ability to serve customers; the risk that the Company\u2019s restructuring efforts may not generate their intended benefits to the extent or as quickly as anticipated. Readers are urged to carefully review and consider any cautionary statements and other disclosures, including the statements made under the heading \u201cRisk Factors\u201d in Knightscope\u2019s Annual Report on Form 10-K for the year ended December 31, 2022. Forward-looking statements speak only as of the date of the document in which they are contained, and Knightscope does not undertake any duty to update any forward-looking statements, except as may be required by law.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230626382586r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20230626382586\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20230626382586\/en\/<\/a><\/span><\/p>\n<p><b><i>Public Relations:<br \/>\n<\/i><\/b><br \/><b><i>Stacy Stephens<br \/>\n<\/i><\/b><br \/><b><i>Knightscope, Inc.<br \/>\n<\/i><\/b><br \/><b><i>(650) 924-1025 <\/i><\/b><\/p>\n<p><b><i>C<\/i><\/b><b><i>orporate Communications:<br \/>\n<\/i><\/b><br \/><b><i>IBN (InvestorBrandNetwork)<br \/>\n<\/i><\/b><br \/><b><i>Los Angeles, California<br \/>\n<\/i><\/b><br \/><a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.globenewswire.com%2FTracker%3Fdata%3DcaEKnoVsa8dLQY_-oxwqcQ_4MzxNf_Gpu59Oa9B1vhcb_8eF711fl2t03d3zElZjn2MjrMRlhprt6PvhQhVdJShdz1l8Q3kgft3zbgzhryQ-dGLrT8_ZcOfkBJEeGaIgohuhJ6M0webW7KEB0_k0a6vak-p7GOZ28Y23zobnmqaP78RLxHQ_RdG0SpQBF1lVtGjL5jFWsuSUilGOnDx1YifCDmXSzaW3ZlJBcPxA0onbtq7rw2uNlicflcViGKQYUm2KC50Z4Sc_95iXcZlOIA0-6xdFQK2HWnIPsdtHxew%3D&amp;esheet=53430037&amp;newsitemid=20230626382586&amp;lan=en-US&amp;anchor=www.InvestorBrandNetwork.com&amp;index=8&amp;md5=a20968a6fab8d016dbb27927b3e88cbd\"><b><i>www.InvestorBrandNetwork.com<br \/>\n<\/i><\/b><\/a><br \/><b><i>310.299.1717 Office<br \/>\n<\/i><\/b><br \/><a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.globenewswire.com%2FTracker%3Fdata%3DwkTx5PNPKdQkTyU9PLA0CYRacFI33TYbIuU4v44SsW-GFURKNoqbcPi-ScMQGA8s5UZAFqql5RX_8m6ExSWJKzjOB2FrDihl7EhwlF9yXnn6mDPQsozxWMdfPlm_0EgcJTyAjSXsjx7IICFPopxupvF-JiZpmm0HhllfluSncgSOHATFDG9FsEbbIWQIG8NaawuynXNaYKjAeLJcLqqGs6t4Noaz21kfW2S6YaM1_2eVuqwGJLKdahCry8mmBJDg1jFEzLC_tba_1LeC25pLtfKL-pLT6EX0jpL1b0mPjfuACNBXypcfTeikiWspRbUQ&amp;esheet=53430037&amp;newsitemid=20230626382586&amp;lan=en-US&amp;anchor=Editor%40InvestorBrandNetwork.com&amp;index=9&amp;md5=b14445a60411cc9c23ce78b81ac1ff76\"><b><i>Editor@InvestorBrandNetwork.com<\/i><\/b><\/a><\/p>\n<p><b>KEYWORDS:<\/b> California United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Technology Finance Security Banking Professional Services Software Hardware Robotics Data Management Artificial Intelligence<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20230626382586\/en\/758834\/3\/KI-Logo-Horizontal-Blue-Dark.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Photo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20230626382586\/en\/1827582\/3\/AscendiantKSCP1.jpg\" alt=\"Photo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\">Ascendiant Capital Markets Initiates Coverage of Knightscope with Buy Rating and $3.50 Per Share Price Target (Graphic: Business Wire)<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Ascendiant Capital Markets Initiates Coverage of Knightscope with Buy Rating and $3.50 Per Share Price Target MOUNTAIN VIEW, Calif.&#8211;(BUSINESS WIRE)&#8211;Knightscope, Inc. [Nasdaq: KSCP] (\u201cKnightscope\u201d or the \u201cCompany\u201d), a leading developer of autonomous security robots and blue light emergency communication systems, today announced that Ascendiant Capital Markets LLC (&#8220;Ascendiant&#8221;) has initiated coverage on the company&#8217;s stock with a buy rating and a price target of $3.50 per share. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20230626382586\/en\/ Ascendiant Capital Markets Initiates Coverage of Knightscope with Buy Rating and $3.50 Per Share Price Target (Graphic: Business Wire) Ascendiant is an investment banking and equity research firm focusing on high-growth sectors, with expertise in technology, healthcare, and other emerging industries. It &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/ascendiant-capital-markets-initiates-coverage-of-knightscope-with-buy-rating-and-3-50-per-share-price-target\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Ascendiant Capital Markets Initiates Coverage of Knightscope with Buy Rating and $3.50 Per Share Price Target&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-766028","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Ascendiant Capital Markets Initiates Coverage of Knightscope with Buy Rating and $3.50 Per Share Price Target - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/ascendiant-capital-markets-initiates-coverage-of-knightscope-with-buy-rating-and-3-50-per-share-price-target\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ascendiant Capital Markets Initiates Coverage of Knightscope with Buy Rating and $3.50 Per Share Price Target - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Ascendiant Capital Markets Initiates Coverage of Knightscope with Buy Rating and $3.50 Per Share Price Target MOUNTAIN VIEW, Calif.&#8211;(BUSINESS WIRE)&#8211;Knightscope, Inc. [Nasdaq: KSCP] (\u201cKnightscope\u201d or the \u201cCompany\u201d), a leading developer of autonomous security robots and blue light emergency communication systems, today announced that Ascendiant Capital Markets LLC (&#8220;Ascendiant&#8221;) has initiated coverage on the company&#8217;s stock with a buy rating and a price target of $3.50 per share. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20230626382586\/en\/ Ascendiant Capital Markets Initiates Coverage of Knightscope with Buy Rating and $3.50 Per Share Price Target (Graphic: Business Wire) Ascendiant is an investment banking and equity research firm focusing on high-growth sectors, with expertise in technology, healthcare, and other emerging industries. 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Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/ascendiant-capital-markets-initiates-coverage-of-knightscope-with-buy-rating-and-3-50-per-share-price-target\/","og_locale":"en_US","og_type":"article","og_title":"Ascendiant Capital Markets Initiates Coverage of Knightscope with Buy Rating and $3.50 Per Share Price Target - Market Newsdesk","og_description":"Ascendiant Capital Markets Initiates Coverage of Knightscope with Buy Rating and $3.50 Per Share Price Target MOUNTAIN VIEW, Calif.&#8211;(BUSINESS WIRE)&#8211;Knightscope, Inc. [Nasdaq: KSCP] (\u201cKnightscope\u201d or the \u201cCompany\u201d), a leading developer of autonomous security robots and blue light emergency communication systems, today announced that Ascendiant Capital Markets LLC (&#8220;Ascendiant&#8221;) has initiated coverage on the company&#8217;s stock with a buy rating and a price target of $3.50 per share. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20230626382586\/en\/ Ascendiant Capital Markets Initiates Coverage of Knightscope with Buy Rating and $3.50 Per Share Price Target (Graphic: Business Wire) Ascendiant is an investment banking and equity research firm focusing on high-growth sectors, with expertise in technology, healthcare, and other emerging industries. 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