HC Wainwright & Co. Reiterates Buy on Electra Battery Materials, Maintains $4.5 Price Target
Portfolio Pulse from richadhand@benzinga.com
HC Wainwright & Co. analyst Heiko Ihle has reiterated a 'Buy' rating on Electra Battery Materials (NASDAQ:ELBM) and maintained a price target of $4.5.
July 06, 2023 | 10:07 am
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POSITIVE IMPACT
HC Wainwright & Co. has reiterated a 'Buy' rating on Electra Battery Materials and maintained a price target of $4.5.
The reiteration of a 'Buy' rating by a reputable analyst firm like HC Wainwright & Co. is a positive signal for Electra Battery Materials. The maintained price target of $4.5 also indicates the firm's confidence in the stock's potential, which could positively impact the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100