Agoracom: Small Cap Investment - Electrovaya - ELVA: Initiation of Coverage "BUY" PT $8 ROTH/MKM

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ELVA: Initiation of Coverage "BUY" PT $8 ROTH/MKM

posted on Mar 06, 2024 07:32AM

Electrovaya Inc. (NASDAQ:ELVA) received a positive outlook from Roth/MKM as the firm started coverage on the stock with a Buy rating and an $8.00 price target. The company, known for its production of heavy-duty lithium-ion batteries, has been recognized for its broad range of over 40 products tailored for electric forklifts and the industrial market.

SOURCE: https://www.investing.com/news/stock-market-news/electrovaya-shares-get-boost-from-rothmkm-cites-broad-range-of-products-93CH-3326071

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