HCM II Acquisition (NASDAQ:IMSR) Now Covered by Analysts at Northland Securities

Northland Securities initiated coverage on shares of HCM II Acquisition (NASDAQ:IMSR) in a research report sent to investors on Thursday morning, Marketbeat.com reports. The firm issued an outperform rating and a $15.00 price target on the stock.

Several other brokerages have also recently weighed in on IMSR. Wall Street Zen cut HCM II Acquisition from a “hold” rating to a “sell” rating in a research note on Monday, December 22nd. Cantor Fitzgerald started coverage on shares of HCM II Acquisition in a research report on Friday, December 19th. They set an “overweight” rating and a $12.00 target price for the company. Finally, Weiss Ratings reiterated a “sell (d)” rating on shares of HCM II Acquisition in a research report on Wednesday, December 24th. Two research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $13.50.

HCM II Acquisition Stock Down 11.2%

Shares of IMSR stock opened at $9.24 on Thursday. HCM II Acquisition has a 12 month low of $5.95 and a 12 month high of $31.50.

HCM II Acquisition Company Profile

Terrestrial Energy Inc produces carbon free nuclear energy in North Carolina and internationally. The company was founded in 2013 and is headquartered in Charlotte, North Carolina.