In a report released today, Amit Dayal from H.C. Wainwright maintained a Buy rating on Microvast Holdings (MVST – Research Report), with a price target of $8.00. The company’s shares closed yesterday at $1.31.
Dayal covers the Industrial Goods sector, focusing on stocks such as Broadwind Energy, Ceco Environmental, and Lsi Industries. According to TipRanks, Dayal has an average return of 36.6% and a 37.47% success rate on recommended stocks.
Currently, the analyst consensus on Microvast Holdings is a Moderate Buy with an average price target of $8.00.
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MVST market cap is currently $358.9M and has a P/E ratio of -2.28.
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Tuscan Holdings Corp. is a blank check company. It intends to focus on the cannabis industry. The company was founded on November 5, 2018 and is headquartered in New York, NY.
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