Alliance Global Partners Initiates Coverage On EuroDry with Buy Rating, Announces Price Target of $30
Portfolio Pulse from Benzinga Newsdesk
Alliance Global Partners analyst Poe Fratt has initiated coverage on EuroDry Ltd. (NASDAQ:EDRY) with a Buy rating and set a price target of $30.

November 28, 2023 | 1:21 pm
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EuroDry Ltd. received a Buy rating from Alliance Global Partners with a price target of $30, indicating a positive outlook on the stock.
Analyst ratings, especially initiations of coverage with a Buy rating, can have a significant positive impact on a stock's price in the short term. The price target of $30 suggests a substantial upside from the current trading levels, which could attract investor interest and potentially drive up the stock price.
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