Research analysts at Roth Mkm started coverage on shares of Stardust Power (NASDAQ:SDST - Get Free Report) in a note issued to investors on Thursday, Marketbeat.com reports. The firm set a "buy" rating and a $13.00 price target on the stock. Roth Mkm's target price suggests a potential upside of 84.66% from the stock's current price.
Separately, B. Riley initiated coverage on Stardust Power in a research report on Tuesday, October 29th. They set a "buy" rating and a $12.00 price objective on the stock.
View Our Latest Research Report on SDST
Stardust Power Stock Performance
SDST traded up $0.30 during trading hours on Thursday, hitting $7.04. The company's stock had a trading volume of 13,994 shares, compared to its average volume of 88,728. The firm has a 50-day moving average of $8.51. Stardust Power has a 12 month low of $6.58 and a 12 month high of $28.38.
Hedge Funds Weigh In On Stardust Power
An institutional investor recently bought a new position in Stardust Power stock. Geode Capital Management LLC bought a new stake in shares of Stardust Power Inc. (NASDAQ:SDST - Free Report) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 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. 32.79% of the stock is currently owned by institutional investors.
Stardust Power Company Profile
(
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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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