Electrovaya (Electrovaya Stock Quote, Chart, News, Analysts, Financials NASDAQ:ELVA) is gaining momentum as demand grows for lithium-ion batteries in material handling, with analyst Daniel Magder of Raymond James reaffirming a “Strong Buy” and $4.50 target in a May 15 note. Following a 40% year-over-year jump in revenue and fresh funding for its New York facility, […]
Electrovaya (Electrovaya Stock Quote, Chart, News, Analysts, Financials NASDAQ:ELVA) powered through its ninth straight profitable quarter, and while Q2 numbers landed just shy of expectations, Roth Capital Partners is sticking with its “Buy” rating and 12-month price target $5.00, citing strong momentum, a growing backlog, and tariff-proof production ramping up in New York. In his […]
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