R.F. Lafferty Reaffirms Their Buy Rating on NextNav (NN)

In a report released today, Jaime Perez from R.F. Lafferty maintained a Buy rating on NextNav (NNResearch Report), with a price target of $9.00. The company’s shares opened today at $3.30.

According to TipRanks, Perez is an analyst with an average return of -13.7% and a 30.11% success rate. Perez covers the Consumer Goods sector, focusing on stocks such as Lucid Group, Lordstown Motors, and ChargePoint Holdings.

Currently, the analyst consensus on NextNav is a Moderate Buy with an average price target of $9.00.

See today’s best-performing stocks on TipRanks >>

The company has a one-year high of $9.50 and a one-year low of $1.85. Currently, NextNav has an average volume of 341.4K.

Based on the recent corporate insider activity of 35 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 NN in relation to earlier this year.

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.

Spartacus Acquisition Corp is a blank check company.

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