Equities research analysts at Northland Securities initiated coverage on shares of FTAC Emerald Acquisition (NASDAQ:FLD - Get Free Report) in a research note issued on Tuesday,Benzinga reports. The brokerage set an "outperform" rating and a $10.00 price target on the stock. Northland Securities' price objective suggests a potential upside of 131.48% from the stock's previous close.
Separately, HC Wainwright reissued a "buy" rating and set a $7.00 target price on shares of FTAC Emerald Acquisition in a research note on Monday, April 14th.
View Our Latest Report on FLD
FTAC Emerald Acquisition Trading Up 5.1%
FTAC Emerald Acquisition stock traded up $0.21 during mid-day trading on Tuesday, hitting $4.32. The company's stock had a trading volume of 322,554 shares, compared to its average volume of 168,612. The stock's fifty day moving average price is $4.34 and its two-hundred day moving average price is $8.05. FTAC Emerald Acquisition has a twelve month low of $2.51 and a twelve month high of $14.00.
FTAC Emerald Acquisition (NASDAQ:FLD - Get Free Report) last posted its quarterly earnings data on Thursday, May 15th. The company reported ($0.42) EPS for the quarter, missing analysts' consensus estimates of ($0.10) by ($0.32).
FTAC Emerald Acquisition Company Profile
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FTAC Emerald Acquisition Corp. does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, and similar business combination with one or more businesses or assets operating in the clean/renewable energy, water sustainability, agricultural technology, shared economy software, and mobility sectors.
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