Craig-Hallum analyst Chad Bennett maintained a Buy rating on Evolv Technologies Holdings (EVLV – Research Report) today. The company’s shares closed last Friday at $4.63.
Bennett covers the Technology sector, focusing on stocks such as Backblaze, Mitek Systems, and Zuora. According to TipRanks, Bennett has an average return of 7.2% and a 50.49% success rate on recommended stocks.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Evolv Technologies Holdings with a $7.38 average price target, which is a 59.40% upside from current levels. In a report released on April 1, Northland Securities also maintained a Buy rating on the stock with a $8.50 price target.
The company has a one-year high of $8.30 and a one-year low of $2.87. Currently, Evolv Technologies Holdings has an average volume of 1.6M.
Based on the recent corporate insider activity of 45 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 EVLV in relation to earlier this year.
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Evolv Technologies Holdings (EVLV) Company Description:
NewHold Investment Corp is a blank check company.
Read More on EVLV:
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- Evolv winning NYC subway deal could be ‘game-changing,’ says Cantor Fitzgerald
- Evolv up after NYC announces new technology to detect firearms for subways
