HC Wainwright Begins Coverage on FTAC Emerald Acquisition (NASDAQ:FLD)

HC Wainwright assumed coverage on shares of FTAC Emerald Acquisition (NASDAQ:FLD) in a research report sent to investors on Monday morning, MarketBeat reports. The firm issued a buy rating and a $7.00 target price on the stock.

FTAC Emerald Acquisition Stock Down 3.6 %

Shares of FLD stock opened at $4.54 on Monday. The stock has a 50-day moving average of $8.04 and a 200-day moving average of $9.97. FTAC Emerald Acquisition has a one year low of $4.10 and a one year high of $14.00.

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.