Ascendiant Capital Initiates Coverage On Singing Machine Co with Buy Rating, Announces Price Target of $4
Portfolio Pulse from Benzinga Newsdesk
Ascendiant Capital analyst Edward Woo has initiated coverage on Singing Machine Co (NASDAQ:MICS) with a Buy rating and set a price target of $4.
November 13, 2023 | 11:06 am
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Ascendiant Capital has initiated coverage on Singing Machine Co with a Buy rating and a price target of $4.
The initiation of coverage by Ascendiant Capital with a Buy rating typically indicates a positive outlook on the stock, suggesting potential upside. The price target of $4 implies a significant increase from current levels, which could attract investor interest and drive short-term price movement upwards.
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