Knightscope shares surge 12.87% after hours as Ascendiant Capital maintains "Buy" rating despite lowering price target to $25.

Knightscope (KSCP) surged 12.87% in after-hours trading following Ascendiant Capital analyst Edward Woo’s decision to maintain a "Buy" rating despite reducing the price target from $27.00 to $25.00. The adjustment, attributed to evolving market conditions and performance metrics, was offset by the firm’s continued positive outlook on Knightscope’s long-term prospects. While the lower price target signals cautious optimism, the unchanged "Buy" recommendation reinforced investor confidence, aligning with the stock’s upward movement in after-hours trading.