Roth MKM Maintains Buy on Electrovaya, Maintains $8 Price Target
Portfolio Pulse from Benzinga Newsdesk
Roth MKM analyst Craig Irwin has maintained a Buy rating on Electrovaya (NASDAQ:ELVA) and kept the price target at $8. This reaffirms the positive outlook on the company's stock.
March 26, 2024 | 2:50 pm
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POSITIVE IMPACT
Roth MKM analyst Craig Irwin maintains a Buy rating on Electrovaya with a $8 price target, indicating a positive outlook.
The maintenance of a Buy rating and an $8 price target by a reputable analyst suggests a strong belief in the company's potential for growth or recovery. This endorsement could positively influence investor sentiment and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100