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Actelis Networks Receives 'Buy' Rating and $5 Price Target from Analyst Theodore R. O’Neill

Actelis Networks Inc. (NASDAQ:ASNS) has received a 'Buy' rating and a $5 price target from analyst Theodore R. O’Neill of Litchfield Hills Research, citing the company's innovative technology, growth trajectory, and potentially undervalued shares. Actelis is a leader in cyber-hardened IoT networking with a strong growth strategy and a focus on industrial and government clients.

This news matters because it highlights the confidence of an analyst in Actelis Networks, recognizing its innovative technology and growth potential. The 'Buy' rating and $5 price target indicate a strong endorsement for the company, which could impact its market position and investor perception. Additionally, Actelis' focus on cybersecurity and rapid-deployment networking solutions is important in the context of growing demand for modernized critical infrastructure and the acceleration of urbanization and IoT adoption.