HC Wainwright Initiates Coverage on FTAC Emerald Acquisition (NASDAQ:FLD)

HC Wainwright started coverage on shares of FTAC Emerald Acquisition (NASDAQ:FLD) in a research report issued on Monday, Marketbeat.com reports. The firm set a “buy” rating and a $7.00 price target on the stock. HC Wainwright’s target price points to a potential upside of 73.27% from the company’s current price.

FTAC Emerald Acquisition Stock Down 11.0 %

FLD opened at $4.04 on Monday. The company has a fifty day moving average price of $7.76 and a two-hundred day moving average price of $9.88. FTAC Emerald Acquisition has a 52 week low of $4.04 and a 52 week high of $14.00.

FTAC Emerald Acquisition Company Profile

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.