Seaport Global Initiates Coverage On Electrovaya with Buy Rating, Announces Price Target of $7
Portfolio Pulse from Benzinga Newsdesk
Seaport Global analyst Jeff Campbell has initiated coverage on Electrovaya (NASDAQ:ELVA) with a Buy rating and a price target of $7.
October 26, 2023 | 10:47 am
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Electrovaya has been initiated with a Buy rating by Seaport Global, with a price target of $7.
The initiation of coverage by Seaport Global with a Buy rating is a positive signal for Electrovaya. The price target of $7 suggests that the analyst sees significant upside potential in the stock. This could lead to increased investor interest and potentially a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100