Duos Technologies Group (NASDAQ:DUOT) Price Target Raised to $27.00

Duos Technologies Group (NASDAQ:DUOT) had its target price hoisted by Cantor Fitzgerald from $26.00 to $27.00 in a research report released on Tuesday morning, Marketbeat.com reports. They currently have an overweight rating on the stock.

A number of other equities analysts have also commented on DUOT. Zacks Research raised shares of Duos Technologies Group from a “strong sell” rating to a “hold” rating in a research note on Monday, June 15th. Wall Street Zen downgraded shares of Duos Technologies Group from a “hold” rating to a “sell” rating in a research note on Saturday, August 8th. Weiss Ratings restated a “sell (d-)” rating on shares of Duos Technologies Group in a report on Friday, July 17th. Finally, Ascendiant Capital Markets raised their target price on Duos Technologies Group from $17.00 to $22.00 and gave the stock a “buy” rating in a research report on Monday, June 15th. Two analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $24.50.

Duos Technologies Group Price Performance

Shares of DUOT opened at $10.41 on Tuesday. The company has a 50-day moving average of $9.86 and a two-hundred day moving average of $9.28. The stock has a market cap of $305.25 million, a price-to-earnings ratio of 10.52 and a beta of 1.29. Duos Technologies Group has a one year low of $5.85 and a one year high of $15.28.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in DUOT. Alyeska Investment Group L.P. lifted its position in Duos Technologies Group by 4.9% in the 2nd quarter. Alyeska Investment Group L.P. now owns 2,000,000 shares of the company’s stock worth $24,000,000 after buying an additional 93,341 shares in the last quarter. Bank of America Corp DE purchased a new position in shares of Duos Technologies Group during the 2nd quarter valued at $237,000. Legal & General Group Plc purchased a new position in shares of Duos Technologies Group during the 2nd quarter valued at $31,000. PEAK6 LLC acquired a new position in shares of Duos Technologies Group in the second quarter worth $943,000. Finally, Quantbot Technologies LP acquired a new position in shares of Duos Technologies Group in the second quarter worth $262,000. Institutional investors and hedge funds own 42.61% of the company’s stock.

About Duos Technologies Group

Duos Technologies Group, Inc provides advanced non-intrusive security and inspection solutions utilizing motion-based and artificial intelligence technologies. The company’s core offerings include intelligent video analytics, RFID checkpoint systems, and specialized screening devices designed to detect security threats and contraband across transportation, logistics and critical infrastructure environments. Duos integrates proprietary hardware with software to deliver automated inspection and monitoring tools that enhance safety and operational efficiency.

Among its primary products are automated gate-entry systems, railcar inspection portals and portable screening devices that use AI-driven image recognition and sensor fusion to identify objects such as unauthorized materials, pipeline anomalies or vehicle defects.