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Electrovaya (ELVA) Gets a Buy from Oppenheimer

Tipranks - Tipranks - Sat Feb 14, 12:02PM CST

In a report released today, Colin Rusch from Oppenheimer maintained a Buy rating on Electrovaya, with a price target of $14.00.

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According to TipRanks, Rusch is a 5-star analyst with an average return of 40.2% and a 48.00% success rate.

In addition to Oppenheimer, Electrovaya also received a Buy from Roth MKM’s Craig Irwin in a report issued today. However, on February 9, TipRanks – OpenAI reiterated a Hold rating on Electrovaya (NASDAQ: ELVA).

See Insiders’ Hot Stocks on TipRanks >>

ELVA market cap is currently C$597.7M and has a P/E ratio of 113.23.

Based on the recent corporate insider activity of 9 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of ELVA in relation to earlier this year.

Read More on ELVA:

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