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Citigroup Initiates Coverage on Kodiak AI (NASDAQ:KDK)

Key Points

  • Citigroup has initiated coverage on Kodiak AI (NASDAQ:KDK) with a "buy" rating and a price target of $13.50, indicating potential upside of 68.75% from the stock's previous close.
  • Other analysts have mixed views, with Cantor Fitzgerald giving an "overweight" rating and a $13.00 target, while Weiss Ratings assigned a "sell (e+)" rating, leading to a consensus rating of "Hold" and an average target price of $13.25.
  • Kodiak AI stock opened at $8.00 with a 52-week low of $5.77 and a high of $11.62, reflecting a recent increase of 3.4% in trading.
  • Five stocks we like better than Kodiak AI.

Citigroup initiated coverage on shares of Kodiak AI (NASDAQ:KDK - Get Free Report) in a research note issued on Monday,Benzinga reports. The firm set a "buy" rating and a $13.50 price target on the stock. Citigroup's price target points to a potential upside of 68.75% from the stock's previous close.

Other analysts have also issued reports about the company. Cantor Fitzgerald initiated coverage on Kodiak AI in a research note on Monday. They issued an "overweight" rating and a $13.00 price target on the stock. Weiss Ratings initiated coverage on Kodiak AI in a research report on Saturday, October 11th. They set a "sell (e+)" rating on the stock. Two analysts have rated the stock with a Buy rating and one has given a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of "Hold" and an average target price of $13.25.

View Our Latest Research Report on Kodiak AI

Kodiak AI Trading Up 3.4%

Kodiak AI stock opened at $8.00 on Monday. Kodiak AI has a fifty-two week low of $5.77 and a fifty-two week high of $11.62.

Kodiak AI Company Profile

(Get Free Report)

We are a blank check company incorporated as a Cayman Islands exempted company for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, which we refer to as our initial business combination. Our only activities since inception have been organizational activities and those necessary to prepare for this offering.

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