Terra Innovatum Global S.R.L. (NASDAQ:NKLR) Rating Increased to Sell at Wall Street Zen

Terra Innovatum Global S.R.L. (NASDAQ:NKLR) was upgraded by research analysts at Wall Street Zen from a “strong sell” rating to a “sell” rating in a report issued on Saturday.

A number of other brokerages have also weighed in on NKLR. Canaccord Genuity Group began coverage on shares of Terra Innovatum Global S.R.L. in a research note on Friday, February 20th. They set a “buy” rating and a $10.00 target price for the company. Weiss Ratings restated a “sell (e+)” rating on shares of Terra Innovatum Global S.R.L. in a research note on Wednesday, March 25th. Two investment analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company. According to MarketBeat, Terra Innovatum Global S.R.L. currently has an average rating of “Hold” and an average target price of $17.50.

Terra Innovatum Global S.R.L. Stock Performance

Shares of Terra Innovatum Global S.R.L. stock opened at $5.14 on Friday. Terra Innovatum Global S.R.L. has a twelve month low of $3.73 and a twelve month high of $21.91. The firm’s 50 day moving average is $5.89.

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

Several hedge funds and other institutional investors have recently made changes to their positions in the business. IFP Advisors Inc purchased a new position in shares of Terra Innovatum Global S.R.L. in the fourth quarter worth approximately $33,000. KLCM Advisors Inc. bought a new stake in Terra Innovatum Global S.R.L. during the fourth quarter valued at approximately $46,000. High Net Worth Advisory Group LLC purchased a new stake in Terra Innovatum Global S.R.L. during the first quarter valued at approximately $46,000. Boothbay Fund Management LLC purchased a new stake in Terra Innovatum Global S.R.L. during the fourth quarter valued at approximately $51,000. Finally, Millennium Management LLC bought a new position in Terra Innovatum Global S.R.L. in the fourth quarter worth approximately $51,000.

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.