Citigroup Initiates Coverage On NET Power with Neutral Rating, Announces Price Target of $15
Portfolio Pulse from richadhand@benzinga.com
Citigroup analyst Ryan Levine has initiated coverage on NET Power (NYSE:NPWR) with a Neutral rating and a price target of $15.

July 05, 2023 | 9:54 am
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Citigroup has initiated coverage on NET Power with a Neutral rating and a price target of $15.
The initiation of coverage by Citigroup, a major financial institution, is a significant event for NET Power. The Neutral rating suggests that Citigroup analysts see the stock as fairly valued at current levels. The price target of $15 provides a reference point for investors, but does not necessarily suggest significant upside or downside potential in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100