Duos Technologies Group, Inc., through its subsidiary, Duos Technologies, Inc. designs, develops, deploys, and operates intelligent technology solutions in North America. Its technology platforms used in its solutions include centraco, an enterprise information management system; and truevue360, an integrated platform to develop and deploy artificial intelligence algorithms, including machine learning, computer vision, object detection, and deep neural network-based processing for real-time applications, as well as Praesidium to manage various image capture devices and some sensors for input into the centraco software. The company's proprietary applications include Railcar Inspection Portal for the automated inspection of freight and transit trains while in motion; Vehicle Undercarriage Examiner to inspect the undercarriage of railcars; Thermal Undercarriage Examiner; Enterprise Command and Control Suite for information consolidation, connectivity, and communications; and Automated Logistics Information Systems, a proprietary intelligent system to automate security gate operations. It also provides IT asset management services for data centers operators; maintenance and technical support services; consulting and auditing; software licensing with optional hardware sales; and training services. The company was founded in 1990 and is headquartered in Jacksonville, Florida.
IPO Year:
Exchange: NASDAQ
Website: duostechnologies.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 3/3/2022 | $10.00 | Outperform | Northland Capital Markets |
JACKSONVILLE, Fla., Nov. 20, 2024 (GLOBE NEWSWIRE) -- Duos Technologies Group, Inc. ("Duos" or the "Company") (NASDAQ:DUOT), is pleased to announce that its operating subsidiary Duos Energy Corporation has signed a two-year Asset Management Agreement ("AMA") to deploy and operate a fleet of mobile gas turbines and balance-of-plant inventory ("the portfolio" or "the assets") that has a combined generation capacity of 850 megawatts. The AMA has been signed with affiliates of Fortress Investment Group ("Fortress"); funds managed by affiliates of Fortress are acquiring the portfolio from APR Energy. Through the AMA, Duos will oversee the management and deployment of the assets. Duos is alread
JACKSONVILLE, Fla., Nov. 19, 2024 (GLOBE NEWSWIRE) -- Duos Technologies Group, Inc. ("Duos" or the "Company") (NASDAQ:DUOT), reported financial results for the third quarter ("Q3 2024") ended September 30, 2024. Third Quarter 2024 and Recent Operational Highlights Delivered and installed Edge Data Center for Amtrak at the Secaucus location. Construction work continues at the site. Received more than $1.4 million in contract modifications at Amtrak including renewal of the subscription utilizing three portals for long-distance passenger trains. Initial discussions for future sites in progress.Expanded investment in new subsidiary, "Duos Edge AI" with the addition of three new EDCs for a
JACKSONVILLE, Fla., Nov. 12, 2024 (GLOBE NEWSWIRE) -- Duos Technologies Group, Inc. ("Duos" or the "Company") (NASDAQ:DUOT) will hold a conference call on Wednesday, November 20, 2024 at 4:00 p.m. Eastern time to discuss its financial results for the third quarter ended September 30, 2024. Financial results will be issued via press release prior to the call. Duos management will host the conference call, followed by a question-and-answer period. Date:Wednesday, November 20, 2024Time:4:00 p.m. Eastern time (1:00 p.m. Pacific time)U.S. dial-in:877-407-3088International dial-in:201-389-0927Confirmation:13749773 Please call the conference telephone number 5-10 minutes prior
JACKSONVILLE, Fla., Nov. 07, 2024 (GLOBE NEWSWIRE) -- Duos Technologies Group, Inc. ("Duos" or the "Company") (NASDAQ:DUOT), through its operating subsidiary Duos Edge AI, Inc. ("Duos Edge AI"), a provider of adaptive, versatile, and streamlined Edge Data Center ("EDC") solutions tailored to meet evolving needs in any environment, announced the early deployment of three new EDCs across Texas. The accelerated acquisition was enabled by using a financing partner, underscoring the Company's fast-to-market capabilities in delivering edge computing solutions for underserved areas. These additional EDCs will provide low-latency, high-speed internet access tailored for remote districts, directly
JACKSONVILLE, Fla., Oct. 08, 2024 (GLOBE NEWSWIRE) -- Duos Technologies Group, Inc. (NASDAQ:DUOT) is pleased to announce a new five-year agreement signed with CN (NYSE:CNI) that will enable Duos to offer Machine Vision/AI Wayside Detection Safety Data through a subscription service. For more than five years, CN has used Machine Vision/AI Wayside Detection technology along its network in Canada and the United States. CN has been using this solution to complement current manual inspections, helping maintain its fleet with more efficiency, leading to a safer and more reliable railway. Duos is the inventor of the Railcar Inspection Portal and holder of ten active U.S. Patents of this cuttin
JACKSONVILLE, Fla., Oct. 07, 2024 (GLOBE NEWSWIRE) -- Duos Technologies Group, Inc. ("Duos" or the "Company") (NASDAQ:DUOT), through its operating subsidiary Duos Edge AI, Inc. ("Duos Edge AI"), a provider of adaptive, versatile and streamlined Edge Data Center ("EDC") solutions tailored to meet evolving needs in any environment, today announced a strategic partnership with Accu-Tech to accelerate the deployment of edge computing infrastructure across the United States. This collaboration brings together industry leaders to support the rapid expansion of edge computing capabilities, addressing the growing demand for low-latency data processing and improved connectivity in underserved marke
JACKSONVILLE, Fla., Oct. 01, 2024 (GLOBE NEWSWIRE) -- Duos Technologies Group, Inc. ("Duos" or the "Company") (NASDAQ:DUOT), will participate in a webcasted presentation and host one-on-one meetings with investors at the Lytham Partners Fall 2024 Investor Conference, taking place virtually on Tuesday, October 1, 2024. Company Webcast The webcasted presentation will take place at 3:30pm ET on Tuesday, October 1, 2024. The webcast can be accessed by visiting the conference home page at https://lythampartners.com/fall2024/ or directly at https://app.webinar.net/9B5k2y6ngl0 . The webcast will also be available for replay following the event. 1x1 Meetings Management will be participating
JACKSONVILLE, Fla., Sept. 04, 2024 (GLOBE NEWSWIRE) -- Duos Technologies Group, Inc. ("Duos" or the "Company") (NASDAQ:DUOT), through its operating subsidiary Duos Edge AI, Inc. ("Duos Edge AI"), a provider of adaptive, versatile, and streamlined Edge Data Center ("EDC") solutions tailored to meet evolving needs in any environment, proudly announces the launch of its first Edge Data Center (EDC) at the Region 16 Education Service Center in Amarillo, Texas. This strategic partnership marks a significant milestone in bringing high-speed connectivity and advanced technological solutions to classrooms throughout the Texas Panhandle. The new EDC will provide vital infrastructure to support s
JACKSONVILLE, Fla., Aug. 20, 2024 (GLOBE NEWSWIRE) -- Duos Technologies Group, Inc. ("Duos" or the "Company") (NASDAQ:DUOT) is confirmed to present at the 2024 Annual Gateway Conference, which is being held September 4-5, at the Four Seasons Hotel in San Francisco, CA. The Duos management team is scheduled to present on Wednesday, September 4 at 11:30 a.m. Pacific Time (2:30 p.m. Eastern Time). The presentation will be webcast live and available for replay here. In addition to the presentation, Duos executives will be available for one-on-one meetings throughout the conference. For additional information, to request an invitation, or to schedule a one-on-one meeting, please email con
JACKSONVILLE, Fla., Aug. 13, 2024 (GLOBE NEWSWIRE) -- Duos Technologies Group, Inc. ("Duos" or the "Company") (NASDAQ:DUOT), reported financial results for the second quarter ("Q2 2024") ended June 30, 2024. Second Quarter 2024 and Recent Operational Highlights Closed initial 5-Year support services and data sharing agreement with Class 1 railroad valued at $10.9 million. The agreement provides full data availability for 7 existing client portals. Additionally, we now have data available from an eighth portal from a Mexican railroad, which we plan to leverage all 8 portals for subscription marketing starting in Q3.Over 2.3 million comprehensive railcar scans were performed in the secon
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JACKSONVILLE, Fla., Nov. 19, 2024 (GLOBE NEWSWIRE) -- Duos Technologies Group, Inc. ("Duos" or the "Company") (NASDAQ:DUOT), reported financial results for the third quarter ("Q3 2024") ended September 30, 2024. Third Quarter 2024 and Recent Operational Highlights Delivered and installed Edge Data Center for Amtrak at the Secaucus location. Construction work continues at the site. Received more than $1.4 million in contract modifications at Amtrak including renewal of the subscription utilizing three portals for long-distance passenger trains. Initial discussions for future sites in progress.Expanded investment in new subsidiary, "Duos Edge AI" with the addition of three new EDCs for a
JACKSONVILLE, Fla., Nov. 12, 2024 (GLOBE NEWSWIRE) -- Duos Technologies Group, Inc. ("Duos" or the "Company") (NASDAQ:DUOT) will hold a conference call on Wednesday, November 20, 2024 at 4:00 p.m. Eastern time to discuss its financial results for the third quarter ended September 30, 2024. Financial results will be issued via press release prior to the call. Duos management will host the conference call, followed by a question-and-answer period. Date:Wednesday, November 20, 2024Time:4:00 p.m. Eastern time (1:00 p.m. Pacific time)U.S. dial-in:877-407-3088International dial-in:201-389-0927Confirmation:13749773 Please call the conference telephone number 5-10 minutes prior
JACKSONVILLE, Fla., Nov. 07, 2024 (GLOBE NEWSWIRE) -- Duos Technologies Group, Inc. ("Duos" or the "Company") (NASDAQ:DUOT), through its operating subsidiary Duos Edge AI, Inc. ("Duos Edge AI"), a provider of adaptive, versatile, and streamlined Edge Data Center ("EDC") solutions tailored to meet evolving needs in any environment, announced the early deployment of three new EDCs across Texas. The accelerated acquisition was enabled by using a financing partner, underscoring the Company's fast-to-market capabilities in delivering edge computing solutions for underserved areas. These additional EDCs will provide low-latency, high-speed internet access tailored for remote districts, directly
JACKSONVILLE, Fla., Aug. 13, 2024 (GLOBE NEWSWIRE) -- Duos Technologies Group, Inc. ("Duos" or the "Company") (NASDAQ:DUOT), reported financial results for the second quarter ("Q2 2024") ended June 30, 2024. Second Quarter 2024 and Recent Operational Highlights Closed initial 5-Year support services and data sharing agreement with Class 1 railroad valued at $10.9 million. The agreement provides full data availability for 7 existing client portals. Additionally, we now have data available from an eighth portal from a Mexican railroad, which we plan to leverage all 8 portals for subscription marketing starting in Q3.Over 2.3 million comprehensive railcar scans were performed in the secon
JACKSONVILLE, Fla., July 30, 2024 (GLOBE NEWSWIRE) -- Duos Technologies Group, Inc. ("Duos" or the "Company") (NASDAQ:DUOT) will hold a conference call on Tuesday, August 13, 2024 at 4:30 p.m. Eastern time to discuss its financial results for the second quarter ended June 30, 2024. Financial results will be issued via press release prior to the call. Duos management will host the conference call, followed by a question-and-answer period. Date:Tuesday, August 13, 2024Time:4:30 p.m. Eastern time (1:30 p.m. Pacific time)U.S. dial-in:877-407-3088International dial-in:201-389-0927Confirmation:13747856 Please call the conference telephone number 5-10 minutes prior to the start t
JACKSONVILLE, Fla., July 24, 2024 (GLOBE NEWSWIRE) -- Duos Technologies Group, Inc. ("Duos" or the "Company") (NASDAQ:DUOT), through its operating subsidiary Duos Edge AI, Inc. ("Duos Edge AI"), a provider of adaptive, versatile, and streamlined Edge Data Center ("EDC") solutions tailored to meet evolving needs in any environment, announced today that it has secured sufficient funding for the production of its first three EDCs. Duos Edge AI entered into secured promissory notes for a total of $2.2 million with two institutional investors in the Company. The funding will be used for the construction, deployment and initial operations of EDCs in remote districts, including for schools, gover
JACKSONVILLE, Fla., May 13, 2024 (GLOBE NEWSWIRE) -- Duos Technologies Group, Inc. ("Duos" or the "Company") (NASDAQ:DUOT), a provider of machine vision and artificial intelligence that analyzes fast moving vehicles, reported financial results for the first quarter ("Q1 2024") ended March 31, 2024. First Quarter 2024 and Recent Operational Highlights Notified of an award for an additional Railcar Inspection Portal ("rip®" or "RIP®") system in a new industrial application environment. The contract is expected to be valued at approximately $2.7 million and installed in 2024. This addition to the Duos portfolio of RIPs currently deployed in North America expands the potential addres
JACKSONVILLE, Fla., May 06, 2024 (GLOBE NEWSWIRE) -- Duos Technologies Group, Inc. ("Duos" or the "Company") (NASDAQ:DUOT) through its operating subsidiary Duos Technologies, Inc. a provider of Machine Vision and Artificial Intelligence ("AI") to analyze fast moving freight, passenger and transit trains and trucks, will hold a conference call on Monday, May 13, 2024 at 4:30 p.m. Eastern time to discuss its financial results for the first quarter ended March 31, 2024. Financial results will be issued via press release prior to the call. Duos management will host the conference call, followed by a question-and-answer period. Date:Monday, May 13, 2024 Time:4:30 p.m. Eastern time (1:30
JACKSONVILLE, Fla., April 01, 2024 (GLOBE NEWSWIRE) -- Duos Technologies Group, Inc. ("Duos" or the "Company") (NASDAQ:DUOT) a provider of machine vision and artificial intelligence that analyzes fast moving vehicles, reported financial results for the fourth quarter ("Q4 2023") and full year ended December 31, 2023. Fourth Quarter 2023 and Recent Operational Highlights Secured contract for expansion of recurring revenues including $2.4 million, multiyear AI subscription and services agreement with Class 1 railroad for advanced AI-Based Defect Detection models.Closed $360,000 in annual recurring revenue with Mexican rail operator encompassing expanded support through Duos' Preventative
JACKSONVILLE, Fla., March 18, 2024 (GLOBE NEWSWIRE) -- Duos Technologies Group, Inc. ("Duos" or the "Company") (NASDAQ:DUOT) through its operating subsidiary Duos Technologies, Inc. a provider of Machine Vision and Artificial Intelligence ("AI") to analyze fast moving freight, passenger and transit trains and trucks, will hold a conference call on Monday, April 1, 2024 at 4:30 p.m. Eastern time to discuss its financial results for the fourth quarter and full year ended December 31, 2023. Financial results will be issued via press release prior to the call. Duos management will host the conference call, followed by a question-and-answer period. Date:Monday, April 1, 2024Time:4:30 p.m. East
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Duos Technologies Group, Inc. ("Duos" or the "Company") (NASDAQ:DUOT), through its operating subsidiary Duos Edge AI, Inc. ("Duos Edge AI"), a provider of adaptive, versatile, and streamlined Edge Data Center ("EDC") solutions tailored to meet evolving needs in any environment, announced today that it has secured sufficient funding for the production of its first three EDCs. Duos Edge AI entered into secured promissory notes for a total of $2.2 million with two institutional investors in the Company. The funding will be used for the construction, deployment and initial operations of EDCs in remote districts, including for schools, government, and health facilities. The first EDC is expected
Duos Technologies Group, Inc. ("Duos" or the "Company") (NASDAQ:DUOT), through its operating subsidiary Duos Edge AI, Inc., a provider of adaptive, versatile, and streamlined Edge Data Center ("EDC") solutions tailored to meet evolving needs in any environment, announced today that the newly appointed President, Doug Recker, has identified the planned locations for the first three units. The Company is preparing for the construction and installation of the first EDCs exclusively for the new entity which is expected to be deployed and operational in late Q3.
First Part Of Systems Shipped During Event; System Capable Of Mechanical Analysis At Speeds Up To 125 MPH, Delivering Safety Data Within 60 Seconds
Gainers Duos Technologies Group (NASDAQ:DUOT) shares moved upwards by 5.3% to $2.95 during Monday's after-market session. The company's market cap stands at $22.2 million. DXC Technology (NYSE:DXC) stock increased by 4.06% to $19.2. The company's market cap stands at $3.4 billion. T Stamp (NASDAQ:IDAI) shares increased by 3.53% to $0.59. The market value of their outstanding shares is at $6.2 million. EMCORE (NASDAQ:EMKR) stock moved upwards by 3.43% to $0.87. The company's market cap stands at $7.1 million. Rackspace Tech (NASDAQ:RXT) stock moved upwards by 3.38% to $2.44. The market value of their outstanding shares is at $546.1 million. SMX (Security Matters) (NASDAQ:SMX) stock move
Ascendiant Capital analyst Edward Woo maintains Duos Technologies Group (NASDAQ:DUOT) with a Buy and lowers the price target from $6 to $5.75.
Duos Technologies Group, Inc. ("Duos" or the "Company") (NASDAQ:DUOT), through its operating subsidiary Duos Technologies, Inc., a provider of Machine Vision and Artificial Intelligence ("AI") to analyze fast moving freight, passenger and transit trains and trucks, has entered into a three-year agreement with Canadian Pacific Kansas City (CPKC) (NYSE:CP) (TSX:CP) allowing CPKC to use Duos developed Artificial Intelligence Solutions for mechanical inspections and cross-border velocity and efficiency. The agreement marks a significant milestone for both entities with a multi-year agreement to implement advanced AI-based models in CPKC's transnational operations.
The Dow Jones index closed higher by 0.2% on Tuesday. When insiders purchase or sell shares, it indicates their confidence or concern around the company’s prospects. Investors and traders interested in penny stocks can consider this a factor in their overall investment or trading decision. Below is a look at a few recent notable insider transactions for penny stocks. For more, check out Benzinga’s insider transactions platform. Bespoke Extracts The Trade: Bespoke Extracts, Inc. (OTC:BSPK) CEO Michael Feinsod bought a total of 2,000 shares at an average price of $0.13. To acquire these shares, it cost around $268. What's Happening: The company’s stock lost around 48% over the pas
Duos Technologies Group (NASDAQ:DUOT) reported quarterly losses of $(0.38) per share which met the analyst consensus estimate. The company reported quarterly sales of $1.070 million which missed the analyst consensus estimate of $1.400 million by 23.57 percent. This is a 59.54 percent decrease over sales of $2.644 million the same period last year.
Duos Technologies Group, Inc. ("Duos" or the "Company") (NASDAQ:DUOT) through its operating subsidiary Duos Technologies, Inc. a provider of Machine Vision and Artificial Intelligence ("AI") to analyze fast moving freight, passenger and transit trains and trucks, today proudly announces the granting of another patent for its revolutionary railcar inspection technology. Titled "Device to Capture High Resolution Images of a Train as it Passes Through an Inspection Portal," this patent confirms Duos' methodology and the supporting technology as the standard for wayside detection, transforming railcar inspection processes through innovative state-of-the-art engineering and AI. As the inventor of
Adrian Goldfarb, as returning CFO, brings a wealth of experience and a deep understanding of Duos' operations and financial landscape. Goldfarb's tenure with Duos dates back over a decade, during which he has played a pivotal role in shaping the Company's financial strategies working closely with the investment community.
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JACKSONVILLE, Fla., June 20, 2024 (GLOBE NEWSWIRE) -- Duos Technologies Group, Inc. ("Duos" or the "Company") (NASDAQ:DUOT), held a press conference on June 18th, highlighting key developments in its business strategy. The event was attended by local dignitaries, members of the Jacksonville Chamber of Commerce, and key industry stakeholders. The event was also streamed live via the Duos YouTube channel. CEO Chuck Ferry announced that the Company had signed a strategic partnership with a Class 1 railroad in preparation for rolling out its subscription based railcar inspection system. The System has been under development and is currently in both production and test environments with key
JACKSONVILLE, Fla., April 30, 2024 (GLOBE NEWSWIRE) -- Duos Technologies Group, Inc. ("Duos" or the "Company") (NASDAQ:DUOT) through its operating subsidiary Duos Technologies, Inc. a provider of Machine Vision and Artificial Intelligence ("AI") to analyze fast moving freight, passenger and transit trains and trucks, today announced the re-appointment of Adrian Goldfarb as Chief Financial Officer, effective April 29, 2024, following the departure of Andrew Murphy who has been recruited by another company to serve as their CFO. Mr. Murphy served as Duos' CFO since November 2022 and was instrumental in the development of the finance team to support senior management in preparation for an e
JACKSONVILLE, Fla., Sept. 06, 2023 (GLOBE NEWSWIRE) -- Duos Technologies Group, Inc. ("Duos" or the "Company") (NASDAQ:DUOT), through its operating subsidiary Duos Technologies, Inc., a provider of machine vision and artificial intelligence that analyzes fast moving vehicles, today announced the appointment of Christopher King, energy and logistics industry veteran, as its new Chief Commercial Officer ("CCO"), effective August 30, 2023. Mr. King joins Duos with over 20 years of operational and commercial leadership experience within the energy and supply chain sectors. Prior to joining Duos, he served in a series of progressive management roles within APR Energy ("APR"), a global fa
JACKSONVILLE, Fla. , July 19, 2023 (GLOBE NEWSWIRE) -- Duos Technologies Group, Inc. ("Duos" or the "Company") (NASDAQ:DUOT), through its operating subsidiary Duos Technologies, Inc. a provider of vision based analytical technology solutions, has appointed rail industry veteran Frank Lonegro to its Board of Directors. With a 30-year professional career spanning leadership roles in finance, law, technology and operations, Mr. Lonegro enjoyed a long and distinguished career at CSX Corporation (NASDAQ:CSX) starting in 2000 as Assistant General Counsel and serving in various senior executive roles including Chief Financial Officer from 2015 to 2019. He currently serves as the Chief Financial O
JACKSONVILLE, FL / ACCESSWIRE / December 6, 2022 / Duos Technologies Group, Inc. ("Duos" or the "Company") (NASDAQ:DUOT), through its operating subsidiary Duos Technologies, Inc., a provider of machine vision and artificial intelligence that analyzes fast moving trains and trucks, today announced the appointment of industry veteran Thomas Hughes as its Vice President of Sales. In this newly created role Hughes will report directly to Senior VP of Sales and Marketing Matt Keepman and will be responsible for supporting the Company's commercial and go-to-market strategies for its new subscription offerings.Hughes brings over thirty years of experience in sales management roles for high-growth s
JACKSONVILLE, FL / ACCESSWIRE / November 14, 2022 / Duos Technologies Group, Inc. ("Duos" or the "Company") (NASDAQ:DUOT) through its operating subsidiary Duos Technologies, Inc., a provider of machine vision and artificial intelligence that analyzes fast moving trains and trucks, today announced the appointment of Andrew Murphy, formerly Company Vice President of Finance, as its new Chief Financial Officer, effective November 15. In conjunction with the Company's succession plan, former CFO Adrian Goldfarb will remain with Duos in a consulting capacity to ensure a smooth transition process and will take on a new position within Duos' newly formed Industry Advisory Group.Murphy will be takin
JACKSONVILLE, FL / ACCESSWIRE / October 20, 2022 / Duos Technologies Group, Inc. ("Duos" or the "Company") (NASDAQ:DUOT) through its operating subsidiary Duos Technologies, Inc., a provider of machine vision and artificial intelligence that analyzes fast moving trains and trucks, today announced the addition of David McKee to its newly formed Industry Advisory Group. The Industry Advisory Group's function will be to provide consultation on certain areas requiring specialist industry, technical or financial knowledge to assist senior management in strategic planning. Mr. McKee will be focused on the Company's roll-out of portals in the rail industry.McKee brings nearly 40 years of experience
JACKSONVILLE, FL / ACCESSWIRE / October 6, 2022 / Duos Technologies Group, Inc. ("Duos" or the "Company") (NASDAQ:DUOT) through its operating subsidiary Duos Technologies, Inc., a provider of machine vision and artificial intelligence that analyzes fast moving trains and trucks, today announced the appointment of Matt Keepman as its Senior Vice President of Sales and Marketing. In this newly created role Keepman will report directly to CEO Chuck Ferry and will be responsible for leading the Company's commercial strategy with a focus on driving top line growth.Keepman brings two decades of experience in managing strategic accounts within the North American rail industry. Most recently he was
Former COO at Tier One Rail Operator CSX Brings More Than 50 Years Of Direct Experience JACKSONVILLE, FL / ACCESSWIRE / January 21, 2021 / Duos Technologies Group, Inc. ("Duos" or the "Company") (NASDAQ:DUOT), a provider of intelligent security analytical technology solutions, has appointed rail industry veteran Mr. Edmond ("Ed") L. Harris to its Board of Directors. Harris was elected to the Board of Directors at the Company's Annual Meeting of Shareholders held on November 19, 2020. Harris will serve as the Chairman of the Company's Nominating and Governance Committees and will also take a position as a member of the Audit Committee. With this change and others previously disclosed, the D
Northland Capital Markets initiated coverage of Duos Technologies Group with a rating of Outperform and set a new price target of $10.00