B. Riley Securities Initiates Coverage On Sound Point Meridian Capital, Inc. Common Stock with Buy Rating, Announces Price Target of $22.5
Portfolio Pulse from Benzinga Newsdesk
B. Riley Securities has initiated coverage on Sound Point Meridian Capital, Inc. (NYSE:SPMC) with a Buy rating and set a price target of $22.5.
October 09, 2024 | 12:09 pm
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B. Riley Securities has initiated coverage on Sound Point Meridian Capital, Inc. with a Buy rating and a price target of $22.5, indicating a positive outlook.
The initiation of coverage with a Buy rating and a specific price target of $22.5 by B. Riley Securities suggests a positive sentiment towards SPMC, likely leading to increased investor interest and potential upward movement in the stock price.
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