VinFast Auto shares are trading higher after Chardan Capital raised its price target on the stock from $11 to $13.
Portfolio Pulse from Benzinga Newsdesk
VinFast Auto's stock price increased following Chardan Capital's decision to raise its price target from $11 to $13.
February 28, 2024 | 7:51 pm
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POSITIVE IMPACT
VinFast Auto's stock price is likely to experience a short-term increase following the raised price target by Chardan Capital from $11 to $13.
Price target adjustments by reputable financial institutions like Chardan Capital can significantly influence investor sentiment and stock prices. The increase from $11 to $13 represents a bullish outlook on VinFast Auto, likely leading to increased investor interest and a potential short-term rise in the stock price.
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IMPORTANCE 90
RELEVANCE 100