Roth Mkm Initiates Coverage on Stardust Power (NASDAQ:SDST)

Roth Mkm assumed coverage on shares of Stardust Power (NASDAQ:SDST) in a report published on Thursday, Marketbeat Ratings reports. The firm issued a buy rating and a $13.00 price target on the stock.

Separately, B. Riley started coverage on Stardust Power in a research note on Tuesday, October 29th. They set a “buy” rating and a $12.00 target price for the company.

Stardust Power Stock Down 3.4 %

SDST opened at $6.80 on Thursday. The business’s 50-day moving average is $8.38. Stardust Power has a 52-week low of $6.58 and a 52-week high of $28.38.

Institutional Trading of Stardust Power

A hedge fund recently bought a new stake in Stardust Power stock. Geode Capital Management LLC bought a new stake in shares of Stardust Power Inc. (NASDAQ:SDST) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 108,459 shares of the company’s stock, valued at approximately $883,000. Geode Capital Management LLC owned 0.23% of Stardust Power as of its most recent SEC filing. Institutional investors own 32.79% of the company’s stock.

Stardust Power Company Profile

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.