In a report issued on May 4, Marvin Fong from BTIG maintained a Buy rating on Shift Technologies (SFT), with a price target of $15.00. The company’s shares closed last Wednesday at $8.85.
According to TipRanks.com, Fong is a 5-star analyst with an average return of 38.8% and a 58.3% success rate. Fong covers the Technology sector, focusing on stocks such as Mercadolibre, Leaf Group, and Farfetch.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Shift Technologies with a $12.60 average price target.
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Insurance Acquisition Corp. is a blank check company, which engages in the provision of insurance or insurance related services, with emphasis on regulated insurance or reinsurance companies. The company was founded in March 2018 and is headquartered in Philadelphia, PA.
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