HC Wainwright & Co. Reiterates Buy on Nouveau Monde Graphite, Maintains $9 Price Target
Portfolio Pulse from richadhand@benzinga.com
HC Wainwright & Co. analyst Heiko Ihle has reiterated a 'Buy' rating on Nouveau Monde Graphite (NYSE:NMG) and maintained a $9 price target.
August 23, 2023 | 10:19 am
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HC Wainwright & Co. has reiterated a 'Buy' rating on Nouveau Monde Graphite (NYSE:NMG) and maintained a $9 price target.
The reiteration of a 'Buy' rating by HC Wainwright & Co. indicates their continued confidence in Nouveau Monde Graphite. The maintained price target of $9 suggests they believe the stock is undervalued at current levels. This could potentially lead to an increase in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100