Lake Street Capital Markets Starts Spring Valley Acquisition Corp. (SV) at Buy, Bullish on AeroFarms SPAC Merger

June 15, 2021 9:05 AM EDT
Get Alerts SV Hot Sheet
Price: $10.00 --0%

Rating Summary:
    1 Buy, 0 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 9 | Down: 30 | New: 24
Join SI Premium – FREE

Get inside Wall Street with StreetInsider Premium. Claim your 1-week free trial here.

Lake Street Capital Markets analyst Ben Klieve initiates coverage on Spring Valley Acquisition Corp. (NASDAQ: SV) with a Buy rating and a price target of $20.00.

The analyst commented, "Representing a leader in next-generation production methods with a significant sustainability benefit, we view AeroFarms as a high conviction Buy opportunity for investors targeting investments redefining food production for decades to come. The company will enter the public market following a SPAC merger with considerable upside potential from the current level. We see multiple expansion and capacity ramp as alpha drivers and are initiating
coverage with a Buy rating and $20 price target."

For an analyst ratings summary and ratings history on Spring Valley Acquisition Corp. click here. For more ratings news on Spring Valley Acquisition Corp. click here.

Shares of Spring Valley Acquisition Corp. closed at $10.01 yesterday.

Serious News for Serious Traders! Try Premium Free!

You May Also Be Interested In

Related Categories

Analyst Comments, Hot New Coverage, New Coverage, SPAC

Related Entities

Definitive Agreement, SPAC