FTAC Emerald Acquisition (NASDAQ:FLD) Now Covered by Analysts at Northland Securities

Equities researchers at Northland Securities started coverage on shares of FTAC Emerald Acquisition (NASDAQ:FLD) in a research report issued on Tuesday,Benzinga reports. The firm set an “outperform” rating and a $10.00 price target on the stock. Northland Securities’ price target would suggest a potential upside of 112.09% from the stock’s current price.

Separately, HC Wainwright reissued a “buy” rating and issued a $7.00 price objective on shares of FTAC Emerald Acquisition in a research note on Monday, April 14th.

FTAC Emerald Acquisition Stock Performance

FLD stock traded down $0.12 during midday trading on Tuesday, reaching $4.72. 527,095 shares of the company’s stock traded hands, compared to its average volume of 162,386. The firm’s fifty day moving average price is $4.60 and its 200-day moving average price is $8.20. FTAC Emerald Acquisition has a 52 week low of $2.51 and a 52 week high of $14.00.

FTAC Emerald Acquisition (NASDAQ:FLD) last posted its earnings results on Thursday, May 15th. The company reported ($0.42) EPS for the quarter, missing the consensus estimate of ($0.10) by ($0.32).

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.