Cantor Fitzgerald Reiterates Overweight on Microvast Holdings, Maintains $8 Price Target
Portfolio Pulse from Benzinga Newsdesk
Cantor Fitzgerald analyst Derek Soderberg has reiterated an Overweight rating on Microvast Holdings (NASDAQ:MVST) and maintained a price target of $8.

December 13, 2023 | 3:37 pm
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Cantor Fitzgerald analyst Derek Soderberg reaffirmed an Overweight rating on Microvast Holdings with a consistent price target of $8.
The reiteration of an Overweight rating by a reputable analyst firm like Cantor Fitzgerald could positively influence investor sentiment and potentially lead to a short-term increase in the stock price of MVST. The maintenance of the $8 price target suggests that the analyst sees continued upside potential for the stock, which could encourage investors to maintain or establish positions in MVST.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100