Ascendiant Capital Initiates Coverage On Society Pass with Buy Rating, Announces Price Target of $3.5
Portfolio Pulse from richadhand@benzinga.com
Ascendiant Capital analyst Edward Woo has initiated coverage on Society Pass (NASDAQ:SOPA) with a Buy rating and a price target of $3.5.
July 11, 2023 | 9:05 am
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Ascendiant Capital has initiated coverage on Society Pass with a Buy rating and a price target of $3.5, which could potentially boost investor confidence in the stock.
The initiation of coverage by Ascendiant Capital with a Buy rating indicates a positive outlook for Society Pass. The price target of $3.5, if higher than the current trading price, suggests potential upside, which could attract investors and drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100