Terra Innovatum Global S.R.L. (NASDAQ:NKLR) Research Coverage Started at Canaccord Genuity Group

Canaccord Genuity Group started coverage on shares of Terra Innovatum Global S.R.L. (NASDAQ:NKLR) in a research report released on Friday, Marketbeat reports. The firm issued a buy rating and a $10.00 price objective on the stock.

NKLR has been the subject of a number of other research reports. Wall Street Zen cut shares of Terra Innovatum Global S.R.L. to a “strong sell” rating in a research note on Sunday, December 28th. Weiss Ratings started coverage on shares of Terra Innovatum Global S.R.L. in a report on Friday, December 26th. They set a “sell (e+)” rating for the company. Finally, HC Wainwright initiated coverage on shares of Terra Innovatum Global S.R.L. in a research note on Tuesday, December 30th. They set a “buy” rating and a $25.00 price objective for the company. Two equities research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Terra Innovatum Global S.R.L. presently has a consensus rating of “Hold” and an average target price of $17.50.

Terra Innovatum Global S.R.L. Stock Performance

Shares of NKLR opened at $4.20 on Friday. Terra Innovatum Global S.R.L. has a fifty-two week low of $3.73 and a fifty-two week high of $21.91.

Institutional Investors Weigh In On Terra Innovatum Global S.R.L.

Several hedge funds and other institutional investors have recently modified their holdings of NKLR. IFP Advisors Inc purchased a new stake in Terra Innovatum Global S.R.L. in the 4th quarter worth approximately $33,000. KLCM Advisors Inc. bought a new position in shares of Terra Innovatum Global S.R.L. in the fourth quarter worth approximately $46,000. Boothbay Fund Management LLC purchased a new stake in shares of Terra Innovatum Global S.R.L. in the fourth quarter worth $51,000. Millennium Management LLC bought a new stake in shares of Terra Innovatum Global S.R.L. during the 4th quarter valued at $51,000. Finally, Symmetry Partners LLC bought a new stake in shares of Terra Innovatum Global S.R.L. during the 4th quarter valued at $61,000.

About Terra Innovatum Global S.R.L.

Terra Innovatum Global N.V. is a developer of micro-modular nuclear reactors. Terra Innovatum Global N.V., formerly known as GSR III Acquisition Corp., is based in NEW YORK.