Roth MKM Initiates Coverage On Electrovaya with Buy Rating, Announces Price Target of $8
Portfolio Pulse from Benzinga Newsdesk
Roth MKM analyst Craig Irwin initiates coverage on Electrovaya (NASDAQ:ELVA) with a Buy rating and a price target of $8.
March 06, 2024 | 3:56 pm
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Electrovaya receives a Buy rating from Roth MKM with a price target of $8.
The initiation of coverage by Roth MKM with a Buy rating and a price target of $8 is a strong positive signal for Electrovaya. This endorsement from a reputable analyst could lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100