Roth Capital started coverage on shares of Southport Acquisition (NYSE:ANGX – Free Report) in a report issued on Tuesday, MarketBeat reports. The brokerage issued a buy rating and a $9.00 target price on the stock.
A number of other brokerages have also weighed in on ANGX. Wall Street Zen lowered shares of Southport Acquisition to a “strong sell” rating in a research note on Thursday, November 20th. Weiss Ratings reissued a “sell (e+)” rating on shares of Southport Acquisition in a report on Monday, December 8th. Two equities research analysts have rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $8.50.
Check Out Our Latest Report on Southport Acquisition
Southport Acquisition Trading Up 4.4%
Southport Acquisition Company Profile
Southport Acquisition Corporation does not have significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or assets. It intends to identify business opportunities in the field of financial software space with a focus on mortgage and real estate verticals.
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