Maxim Group analyst Tate Sullivan maintained a Buy rating on Energy Vault Holdings (NRGV – Research Report) yesterday and set a price target of $2.00. The company’s shares closed yesterday at $1.97.
Sullivan covers the Industrial Goods sector, focusing on stocks such as Top Ships, Exro Technologies, and Globus Maritime. According to TipRanks, Sullivan has an average return of 14.5% and a 39.44% success rate on recommended stocks.
Currently, the analyst consensus on Energy Vault Holdings is a Hold with an average price target of $3.25.
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NRGV market cap is currently $278.5M and has a P/E ratio of -3.07.
Based on the recent corporate insider activity of 60 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of NRGV in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
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.
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