Equities researchers at Northland Securities started coverage on shares of FTAC Emerald Acquisition (NASDAQ:FLD - Get Free Report) in a note issued to investors on Tuesday,Benzinga reports. The firm set an "outperform" rating and a $10.00 price target on the stock. Northland Securities' target price points to a potential upside of 147.10% from the company's previous close.
Separately, HC Wainwright reaffirmed a "buy" rating and issued a $7.00 price target on shares of FTAC Emerald Acquisition in a report on Monday, April 14th.
Read Our Latest Stock Report on FTAC Emerald Acquisition
FTAC Emerald Acquisition Stock Performance
FTAC Emerald Acquisition stock traded down $0.24 during trading hours on Tuesday, reaching $4.05. 71,529 shares of the company's stock were exchanged, compared to its average volume of 165,330. The firm's 50 day simple moving average is $4.49 and its 200 day simple moving average is $8.14. 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 issued its earnings results on Thursday, May 15th. The company reported ($0.42) EPS for the quarter, missing analysts' consensus estimates of ($0.10) by ($0.32).
About FTAC Emerald Acquisition
(
Get Free Report)
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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