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Fermi Inc. (FRMI) Gets a Buy from Evercore ISI
In a report released today, Nicholas Amicucci from Evercore ISI maintained a Buy rating on Fermi Inc., with a price target of $20.00.
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Amicucci covers the Utilities sector, focusing on stocks such as Consolidated Edison, Clearway Energy, and American Electric Power. According to TipRanks, Amicucci has an average return of 10.4% and a 58.46% success rate on recommended stocks.
Currently, the analyst consensus on Fermi Inc. is a Strong Buy with an average price target of $20.67.
Based on Fermi Inc.’s latest earnings release for the quarter ending December 31, the company reported a quarterly GAAP net loss of $133.2 million.
Read More on FRMI:
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