Stardust Power’s (SDST) Buy Rating Reiterated at Roth Mkm

Roth Mkm reissued their buy rating on shares of Stardust Power (NASDAQ:SDST) in a research note issued to investors on Wednesday morning,Benzinga reports. Roth Mkm currently has a $13.00 target price on the stock.

A number of other equities research analysts also recently weighed in on the company. Roth Capital raised Stardust Power to a “strong-buy” rating in a report on Wednesday, November 20th. B. Riley assumed 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.

Stardust Power Stock Down 2.6 %

Shares of Stardust Power stock opened at $4.50 on Wednesday. The stock’s 50 day moving average price is $6.89. Stardust Power has a 1-year low of $4.13 and a 1-year high of $28.38.

Institutional Trading of Stardust Power

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

About Stardust Power

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.