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FTAC Emerald Acquisition's (FLD) "Buy" Rating Reaffirmed at HC Wainwright

FTAC Emerald Acquisition Corp. logo

HC Wainwright reaffirmed their buy rating on shares of FTAC Emerald Acquisition (NASDAQ:FLD - Free Report) in a research note released on Monday morning,Benzinga reports. The firm currently has a $7.00 target price on the stock.

FTAC Emerald Acquisition Price Performance

Shares of NASDAQ FLD traded up $0.59 during trading on Monday, hitting $3.84. 307,401 shares of the company traded hands, compared to its average volume of 126,076. The business's fifty day moving average is $6.41 and its 200 day moving average is $9.44. FTAC Emerald Acquisition has a fifty-two week low of $2.51 and a fifty-two week high of $14.00.

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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