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Needham Sticks to Its Buy Rating for Solid Power (SLDP)

In a report released today, Vikram Bagri from Needham maintained a Buy rating on Solid Power (SLDPResearch Report), with a price target of $13.00. The company’s shares opened today at $3.80.

Bagri covers the Industrial Goods sector, focusing on stocks such as Solid Power, SolarEdge Technologies, and Beam Global. According to TipRanks, Bagri has an average return of -13.4% and a 31.65% success rate on recommended stocks.

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

See the top stocks recommended by analysts >>

The company has a one-year high of $14.85 and a one-year low of $4.28. Currently, Solid Power has an average volume of 1.49M.

Based on the recent corporate insider activity of 32 insiders, corporate insider sentiment is neutral on the stock.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Decarbonization Plus Acquisition Corp III is a blank check company.

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