Gorilla Technology Group Inc. (GRRR) – A Promising Investment Opportunity
In a recent report, Brian Kinstlinger from Alliance Global Partners maintained a Buy rating on Gorilla Technology Group Inc. (GRRR), with a price target of $27.00.
Analyst’s Background and Performance
According to Alliance Global Partners, Kinstlinger is a 4-star analyst with an average return of 9.1% and a 45.43% success rate. He covers the Technology sector, focusing on stocks such as Bitdeer Technologies, Priority Technology Holdings, and Gorilla Technology Group Inc.
Current Market Sentiment
The analyst consensus on Gorilla Technology Group Inc. is a Moderate Buy with an average price target of $20.00.
Company Overview
Gorilla Technology Group Inc. is primarily engaged in providing information, software, and data processing services. It is a provider of video intelligence, Internet of Things (IoT) security, edge AI data analytics, and operational technology (OT) security solutions and services. Its reportable segments are video IoT and security convergence.
Market Performance
The company’s shares opened today at $19.89, with a one-year high of $25.67 and a one-year low of $2.09. Currently, Gorilla Technology Group Inc. has an average volume of 1.63M.
Insider Insights
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Latest News and Developments
- Gorilla Technology Group Inc price target raised to $27 from $16 at Alliance Global Partners
- Unusually active option classes on open December 31st
- Gorilla Technology Group Inc call volume above normal and directionally bullish
- Largest borrow rate increases among liquid names
- Technology Group (GRRR) Launches New Intelligent Network to Capitalize on $40 Billion Market
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