FTAC Emerald Acquisition (NASDAQ:FLD) Upgraded to “Strong-Buy” at Northland Capmk

Northland Capmk upgraded shares of FTAC Emerald Acquisition (NASDAQ:FLD) to a strong-buy rating in a report issued on Tuesday morning,Zacks.com reports.

Several other equities research analysts have also commented on FLD. Northland Securities initiated coverage on FTAC Emerald Acquisition in a research report on Tuesday. They set an “outperform” rating and a $10.00 target price on the stock. HC Wainwright restated a “buy” rating and set a $7.00 target price on shares of FTAC Emerald Acquisition in a research report on Monday, April 14th.

FTAC Emerald Acquisition Price Performance

Shares of FLD stock opened at $4.69 on Tuesday. The stock has a 50-day moving average of $4.57 and a 200-day moving average of $8.17. FTAC Emerald Acquisition has a 1-year low of $2.51 and a 1-year high of $14.00.

FTAC Emerald Acquisition (NASDAQ:FLD) last announced its earnings results on Thursday, May 15th. The company reported ($0.42) EPS for the quarter, missing the consensus estimate of ($0.10) by ($0.32).

FTAC Emerald Acquisition Company Profile

FTAC Emerald Acquisition Corp. does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, and similar business combination with one or more businesses or assets operating in the clean/renewable energy, water sustainability, agricultural technology, shared economy software, and mobility sectors.