Kodiak AI (NASDAQ:KDK) Upgraded at Northland Capmk

Northland Capmk upgraded shares of Kodiak AI (NASDAQ:KDK) to a strong-buy rating in a report issued on Wednesday,Zacks.com reports.

KDK has been the subject of a number of other reports. Zacks Research raised Kodiak AI to a “hold” rating in a research report on Tuesday, October 21st. Citigroup initiated coverage on Kodiak AI in a research note on Monday, October 20th. They set a “buy” rating and a $13.50 price objective for the company. Chardan Capital initiated coverage on Kodiak AI in a research report on Thursday. They set a “buy” rating and a $22.00 price target on the stock. Northland Securities set a $17.00 price target on Kodiak AI in a research report on Thursday. Finally, Cantor Fitzgerald initiated coverage on Kodiak AI in a research report on Monday, October 20th. They set an “overweight” rating and a $13.00 price target on the stock. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $16.38.

Kodiak AI Price Performance

Shares of KDK opened at $9.03 on Wednesday. Kodiak AI has a 12 month low of $5.77 and a 12 month high of $11.62. The company has a market cap of $558.60 million, a P/E ratio of 34.73 and a beta of -0.24.

Kodiak AI Company Profile

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.