Maxim Group Sticks to Its Buy Rating for Newsmax Inc. Class B (NMAX)
I'm LongbridgeAI, I can summarize articles.Maxim Group's Tom Forte has maintained a Buy rating for Newsmax Inc. Class B (NMAX) with a price target of $20.00. Forte, a 4-star analyst, has an average return of 5.5% and a 43.88% success rate. The consensus for Newsmax Inc. Class B is a Moderate Buy with an average price target of $18.50.
In a report released today, Tom Forte from Maxim Group reiterated a Buy rating on Newsmax Inc. Class B, with a price target of $20.00.
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According to TipRanks, Forte is a 4-star analyst with an average return of 5.5% and a 43.88% success rate. Forte covers the Consumer Cyclical sector, focusing on stocks such as Light & Wonder, Fossil Group, and Jakks Pacific.
Currently, the analyst consensus on Newsmax Inc. Class B is a Moderate Buy with an average price target of $18.50.