Richtech Robotics: Transition To RaaS To Drive Accelerating Demand For Robotics, Says Bullish Analyst

Richtech Robotics Inc's RR stock offers investors an "attractive opportunity" to gain exposure to the rising demand for service robotics, according to HC Wainwright.The Richtech Robotics Analyst: Analyst Scott Buck initiated coverage with a Buy rating and price target of $3.50.The Richtech Robotics Thesis: Buck said in the initiation note that the company could see increasing adoption of service robots over the next several years, driven by improving technologies, labor shortages, and its transition to the ...