In a report released today, Chad Bennett from Craig-Hallum maintained a Buy rating on Evolv Technologies Holdings (EVLV – Research Report). The company’s shares opened today at $3.90.
Bennett covers the Technology sector, focusing on stocks such as Zuora, Backblaze, and Mitek Systems. According to TipRanks, Bennett has an average return of 6.2% and a 50.23% success rate on recommended stocks.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Evolv Technologies Holdings with a $7.38 average price target.
EVLV market cap is currently $608.3M and has a P/E ratio of -5.42.
Based on the recent corporate insider activity of 45 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 EVLV 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.
Evolv Technologies Holdings (EVLV) Company Description:
NewHold Investment Corp is a blank check company.
Read More on EVLV:
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- Evolv winning NYC subway deal could be ‘game-changing,’ says Cantor Fitzgerald
