EF Hutton Reiterates Buy on Odyssey Marine Explr, Maintains $7.5 Price Target
Portfolio Pulse from richadhand@benzinga.com
EF Hutton analyst Michael Albanese has reiterated a 'Buy' rating on Odyssey Marine Explr (NASDAQ:OMEX) and maintained a price target of $7.5.
August 16, 2023 | 8:31 am
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POSITIVE IMPACT
Odyssey Marine Explr's stock rating has been reiterated as 'Buy' by EF Hutton with a maintained price target of $7.5.
The reiteration of a 'Buy' rating by a reputable analyst like Michael Albanese from EF Hutton is a positive signal for the stock. It suggests that the analyst believes the stock is undervalued at current prices and has potential for growth. The maintained price target of $7.5 also indicates that the analyst sees upside potential in the stock. This could lead to increased investor confidence and potentially a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100