AvePoint Inc. (AVPT) stock is soaring 5.05% in intraday trading, following a bullish analyst report from Northland Securities. The surge in stock price comes as investors react positively to the reiterated Buy rating and the ambitious price target set by the firm.
Nehal Chokshi, an analyst at Northland Securities, has reaffirmed a Buy rating on AvePoint Inc. with a price target of $26.00. This target represents a significant upside potential from the stock's current trading levels, suggesting strong confidence in the company's future prospects.
The analyst's bullish stance on AvePoint Inc. appears to be driving investor enthusiasm, contributing to the stock's impressive 5.05% gain. As the market digests this positive outlook, it will be interesting to see if AvePoint can maintain this momentum and move closer to Northland Securities' ambitious price target in the coming weeks and months.
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