Braiin (NASDAQ:BRAI) Coverage Initiated at Maxim Group

Equities research analysts at Maxim Group assumed coverage on shares of Braiin (NASDAQ:BRAI) in a research report issued on Monday. The brokerage set a “buy” rating and a $10.00 price target on the stock. Maxim Group’s price objective points to a potential upside of 30.89% from the company’s previous close.

BRAI has been the topic of several other research reports. Wall Street Zen upgraded Braiin from a “sell” rating to a “hold” rating in a research report on Sunday, May 31st. Weiss Ratings assumed coverage on Braiin in a research report on Wednesday, May 6th. They issued a “sell (e+)” rating for the company. One analyst has rated the stock with a Buy rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $10.00.

Braiin Stock Performance

NASDAQ BRAI opened at $7.64 on Monday. The stock’s 50 day simple moving average is $7.87. Braiin has a 12-month low of $4.19 and a 12-month high of $33.00.

Braiin Company Profile

Braiin Limited is an Australian technology company leveraging proprietary intellectual property and patented artificial intelligence/machine learning (“AI/ML”) technologies to deliver actionable insights across high-growth verticals: Agriculture, Property Technology, and Customer Experience as a Service (“CXaaS”). Our platforms are designed to address inefficiencies and drive data-backed decision-making across traditionally analog sectors. Our first commercial focus is on the agriculture technology sector, where we have successfully deployed our AI-powered solutions across multiple implementations.