Actelis Networks Receives $5 Price Target and Buy Rating From Litchfield Hills Research

Actelis Networks

1.41 USD 5.22%

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Market News Alerts updates that Litchfield Hills analyst Theodore O’Neill initiated coverage of Actelis Networks (Nasdaq:ASNS). The firm’s price target on Actelis Networks is $5 and the firm gave Actelis’ stock a buy rating. The report emphasizes Actelis’ global reach, serving over 300 customers across 30 countries, and its blue-chip client list that includes government agencies, transportation authorities, and defense organizations. Notably, recent deployments, such as modernizing Washington, D.C.'s traffic network, show the reliability and versatility of its solutions. The report further highlights Actelis' "well-protected technology moat," supported by 31 granted U.S. patents and proprietary trade secrets, which give the company a unique edge in a competitive market. The report also noted Actelis’ "Cyber Aware Networking" initiative, which integrates AI-driven cybersecurity into its networking solutions.

Market Alerts are generated by our news desk and summarize market developments, They are not intended to serve as financial or investment advice. Readers are advised to refer to the full report on various systems and the disclaimers/disclosures it may be subject to.

View source version on businesswire.com: https://www.businesswire.com/news/home/20241223191047/en/