HC Wainwright & Co. Reiterates Buy on Beam Glb, Maintains $30 Price Target
Portfolio Pulse from Benzinga Newsdesk
HC Wainwright & Co. analyst Amit Dayal has reiterated a Buy rating on Beam Global (NASDAQ:BEEM) and maintained a $30 price target on the stock.
April 18, 2024 | 10:29 am
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Beam Global's stock rating was reiterated as Buy by HC Wainwright & Co. with a maintained price target of $30.
The reiteration of a Buy rating and maintenance of a $30 price target by a reputable analyst firm like HC Wainwright & Co. typically signals a positive outlook on the stock, suggesting potential upside. This endorsement could lead to increased investor confidence in BEEM, potentially driving up its stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100