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

Terra Innovatum Global S.R.L. (NASDAQ:NKLR) was upgraded by stock analysts at Canaccord Genuity Group to a “strong-buy” rating in a report released on Friday,Zacks.com reports.

Several other brokerages have also commented on NKLR. Weiss Ratings initiated coverage on Terra Innovatum Global S.R.L. in a report on Friday, December 26th. They issued a “sell (e+)” rating on the stock. Wall Street Zen lowered Terra Innovatum Global S.R.L. to a “strong sell” rating in a research report on Sunday, December 28th. Finally, HC Wainwright started coverage on shares of Terra Innovatum Global S.R.L. in a research note on Tuesday, December 30th. They issued a “buy” rating and a $25.00 price target on the stock. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Terra Innovatum Global S.R.L. currently has a consensus rating of “Moderate Buy” and an average price target of $17.50.

Terra Innovatum Global S.R.L. Stock Down 2.3%

NASDAQ:NKLR opened at $4.20 on Friday. Terra Innovatum Global S.R.L. has a 52 week low of $3.73 and a 52 week high of $21.91.

Institutional Trading of Terra Innovatum Global S.R.L.

Institutional investors have recently made changes to their positions in the company. Vennlight Capital Management LP acquired a new position in Terra Innovatum Global S.R.L. in the 4th quarter valued at $2,872,000. Polymer Capital Management US LLC acquired a new stake in shares of Terra Innovatum Global S.R.L. in the fourth quarter valued at about $338,000. Millennium Management LLC purchased a new position in shares of Terra Innovatum Global S.R.L. in the fourth quarter worth about $51,000. Engineers Gate Manager LP acquired a new position in Terra Innovatum Global S.R.L. during the fourth quarter worth about $83,000. Finally, Boothbay Fund Management LLC purchased a new stake in Terra Innovatum Global S.R.L. during the 4th quarter valued at about $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.