🔴 Ouster, Inc. is trading 4.5% down today on profit-taking after a multi-day rally fueled by analyst upgrades

Ouster, Inc. is trading at $39.05 (4.5% down) as the stock undergoes short-term consolidation following a sharp multi-day run-up.

• The recent rally was driven by bullish analyst price target hikes, increased lidar demand enthusiasm, and new defense contracts.
• Market observers view the pullback as healthy profit-taking following Monday's analyst-upgrade pop, with no fresh negative company-specific news emerging.