Oppenheimer Thinks Triterras’ Stock is Going to Recover


In a report released today, Owen Lau from Oppenheimer maintained a Buy rating on Triterras (TRIT), with a price target of $23.00. The company’s shares closed last Friday at $8.45, close to its 52-week low of $7.70.

According to TipRanks.com, Lau is a 3-star analyst with an average return of 7.3% and a 65.7% success rate. Lau covers the Financial sector, focusing on stocks such as Intercontinental Exchange, Focus Financial Partners, and Victory Capital Holdings.

Triterras has an analyst consensus of Strong Buy, with a price target consensus of $19.00, implying a 124.9% upside from current levels. In a report issued on December 17, Northland Securities also reiterated a Buy rating on the stock with a $18.00 price target.

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