Maxim Group analyst Matthew Galinko maintained a Buy rating on Kaival Brands Innovations Group (KAVL – Research Report) yesterday and set a price target of $3.00. The company’s shares closed yesterday at $1.20.
Galinko covers the Technology sector, focusing on stocks such as SuperCom, WISeKey International Holding, and American Software. According to TipRanks, Galinko has an average return of -6.9% and a 31.25% success rate on recommended stocks.
Kaival Brands Innovations Group has an analyst consensus of Moderate Buy, with a price target consensus of $3.00.
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KAVL market cap is currently $67.4M and has a P/E ratio of -3.86.
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Kaival Brands Innovations Group, Inc. operates as a development stage company. Its business plan is to serve as a vehicle to investigate and, if such investigation warrants, acquire a target company or business seeking the perceived advantages of being a publicly held corporation. The company was founded by Paul Moody and is headquartered in Cranston, RI.
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