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Maxim Group Sticks to Its Buy Rating for Zivo Bioscience (ZIVO)

Maxim Group analyst Anthony Vendetti reiterated a Buy rating on Zivo Bioscience (ZIVOResearch Report) yesterday and set a price target of $9.00. The company’s shares opened today at $4.46.

Vendetti covers the Healthcare sector, focusing on stocks such as Aethlon Medical, ReShape Lifesciences, and Nephros. According to TipRanks, Vendetti has an average return of 1.1% and a 35.42% success rate on recommended stocks.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Zivo Bioscience with a $9.00 average price target.

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Based on Zivo Bioscience’s latest earnings release for the quarter ending June 30, the company reported a quarterly GAAP net loss of $2.07 million. In comparison, last year the company had a GAAP net loss of $1.85 million

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Zivo Bioscience, Inc. is engages in the study, development and commercialization of natural nutritional compounds and bioactive molecules from its proprietary algal strains. The company was founded by Howard R. Baer on March 28, 1983 and is headquartered in Keego Harbor, MI.

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