Goldman Sachs Sticks to Its Sell Rating for Energy Vault Holdings (NRGV)

In a report released today, Brian K. Lee from Goldman Sachs maintained a Sell rating on Energy Vault Holdings (NRGVResearch Report), with a price target of $5.00. The company’s shares opened today at $5.15.

K. Lee covers the Technology sector, focusing on stocks such as Veeco, Wolfspeed, and Enphase Energy. According to TipRanks, K. Lee has an average return of 13.7% and a 51.92% success rate on recommended stocks.

Currently, the analyst consensus on Energy Vault Holdings is a Hold with an average price target of $9.00.

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NRGV market cap is currently $664.1M and has a P/E ratio of (16.68).

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Novus Capital Corp II is a blank check company. It is formed for the purpose of effectuating a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or other similar business combination with one or more businesses.

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