Stifel Nicolaus analyst Stephen Gengaro maintained a Buy rating on Energy Vault Holdings (NRGV – Research Report) today and set a price target of $2.50. The company’s shares closed last Friday at $1.16.
Gengaro covers the Energy sector, focusing on stocks such as DMC Global, US Silica Holdings, and Solaris Oilfield Infrastructure. According to TipRanks, Gengaro has an average return of 4.1% and a 43.41% success rate on recommended stocks.
In addition to Stifel Nicolaus, Energy Vault Holdings also received a Buy from TD Cowen’s Thomas Boyes in a report issued on May 13. However, on May 10, Goldman Sachs assigned a Sell rating to Energy Vault Holdings (NYSE: NRGV).
The company has a one-year high of $3.55 and a one-year low of $1.05. Currently, Energy Vault Holdings has an average volume of 828.9K.
Based on the recent corporate insider activity of 94 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of NRGV in relation to earlier this year.
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Energy Vault Holdings (NRGV) Company Description:
Novus Capital Corp II is a blank check company. It is formed for the purpose of effectuating a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or other similar business combination with one or more businesses.
