Innoviz Stock Jumps As Goldman Sachs Says New Automaker Deals Could Drive Big Growth
Innoviz stock jumped 15% on expectations of new design wins. Goldman Sachs upgraded INVZ from Neutral to Buy, raising target to $2.50. Analyst cites strong near-term opportunities in autonomous vehicle technology. Innoviz's upcoming contracts could significantly boost revenue and market position. Company trades at a discount compared to lidar peers despite growth potential.
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