Stifel Nicolaus analyst Vincent Anderson maintained a Buy rating on Dragonfly Energy Holdings Corp (DFLI – Research Report) yesterday and set a price target of $1.00. The company’s shares closed yesterday at $0.62.
Anderson covers the Basic Materials sector, focusing on stocks such as Ashland, CF Holdings, and Olin. According to TipRanks, Anderson has an average return of 7.9% and a 45.45% success rate on recommended stocks.
In addition to Stifel Nicolaus, Dragonfly Energy Holdings Corp also received a Buy from Canaccord Genuity’s George Gianarikas in a report issued on November 14. However, on the same day, Roth MKM downgraded Dragonfly Energy Holdings Corp (NASDAQ: DFLI) to a Hold.
See the top stocks recommended by analysts >>
Based on Dragonfly Energy Holdings Corp’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $15.89 million and a GAAP net loss of $10.02 million. In comparison, last year the company earned a revenue of $26.12 million and had a GAAP net loss of $3.69 million
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.
Dragonfly Energy Holdings Corp (DFLI) Company Description:
Chardan NexTech Acquisition 2 Corp is a blank check company.
Read More on DFLI:
