Cantor Fitzgerald reiterates Overweight rating on Duos Technologies Group, $24 price target
Cantor Fitzgerald maintained an Overweight rating on Duos Technologies Group with a $24 price target, suggesting a 313.8% upside from the Oct 20 close. The firm cited a 10-year colocation deal for 20 MW of IT load, projecting over $400 million in revenue. The company is also expanding to 100 MW of data center-zoned land, with 25 MW already under contract.
