Roth Mkm reaffirmed their buy rating on shares of Stardust Power (NASDAQ:SDST - Free Report) in a report published on Wednesday morning,Benzinga reports. They currently have a $13.00 price target on the stock.
A number of other equities analysts have also commented on the company. B. Riley initiated coverage on Stardust Power in a research note on Tuesday, October 29th. They issued a "buy" rating and a $12.00 price objective on the stock. Roth Capital raised Stardust Power to a "strong-buy" rating in a research note on Wednesday, November 20th.
View Our Latest Analysis on SDST
Stardust Power Stock Down 0.4 %
NASDAQ SDST traded down $0.02 during trading on Wednesday, hitting $4.88. The company's stock had a trading volume of 18,059 shares, compared to its average volume of 81,629. The business's 50 day moving average is $7.12. Stardust Power has a 52 week low of $4.73 and a 52 week high of $28.38.
Institutional Investors Weigh In On Stardust Power
A hedge fund recently bought a new stake in Stardust Power stock. Geode Capital Management LLC acquired a new position in shares of Stardust Power Inc. (NASDAQ:SDST - Free Report) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 108,459 shares of the company's stock, valued at approximately $883,000. Geode Capital Management LLC owned 0.23% of Stardust Power at the end of the most recent reporting period. Institutional investors and hedge funds own 32.79% of the company's stock.
About Stardust Power
(
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Stardust Power Inc is a vertically-integrated lithium refinery that engages in producing battery-grade lithium. The company was founded in 2022 and is based in Greenwich, Connecticut.
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