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Northland Securities Issues a Buy Rating on Webull Corporation (BULL)

Tipranks - Tipranks - Fri Mar 6, 6:30AM CST

In a report released today, Michael Grondahl from Northland Securities assigned a Buy rating to Webull Corporation, with a price target of $14.00.

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Grondahl covers the Financial sector, focusing on stocks such as Hut 8, OneMain Holdings, and WisdomTree. According to TipRanks, Grondahl has an average return of 6.9% and a 41.04% success rate on recommended stocks.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Webull Corporation with a $14.50 average price target.

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Based on Webull Corporation’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $131.49 million and a GAAP net loss of $28.27 million. In comparison, last year the company earned a revenue of $89.9 million and had a GAAP net loss of $11.58 million

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