Stock Track | KULR Technology Soars 7.59% as Analyst Upgrades and NYSE Compliance Boosts Sentiment

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KULR Technology Group, Inc. (KULR) saw its stock rally 7.59% intraday on Thursday, driven by positive catalysts that boosted investor sentiment for the company.

A significant factor behind the surge was Benchmark's decision to upgrade KULR from Speculative Buy to Buy rating, along with a substantial increase in the price target from $1 to $5. This bullish move by the research firm reflects growing optimism around KULR's prospects and future growth potential, signaling confidence in the company's trajectory.

Additionally, KULR announced that it has regained compliance with the New York Stock Exchange American's equity requirement for continued listing. This development removes a potential overhang on the stock and reinforces the company's financial standing, further contributing to the positive sentiment.

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