PowerFleet, Inc. Stock 12‑Month Price Target Cut to $9.17, Implies 108% Upside

Analysts have cut the average 12-month price target for PowerFleet, Inc. (AIOT) stock from $9.6 to $9.17, with individual forecasts ranging from $6 to $13 per share. This updated target suggests a potential upside of approximately 108% based on the August 7th closing price. Despite the reduction in the average target, the consensus rating from 7 covering analysts remains a "Buy," with no "Holds" or "Sells."