In a report released today, Christopher Howe from Barrington initiated coverage with a Buy rating on New Beginnings Acquisition (NBA) and a price target of $15.00. The company’s shares closed last Wednesday at $10.27.
According to TipRanks.com, Howe is a 5-star analyst with an average return of 41.4% and a 72.2% success rate. Howe covers the Industrial Goods sector, focusing on stocks such as Commercial Vehicle Group, Standex International, and Columbus Mckinnon.
New Beginnings Acquisition has an analyst consensus of Moderate Buy, with a price target consensus of $15.00.
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New Beginnings Acquisition Corp is a blank check company.
