- Entry
- $2.78
- Final
- $3.31 +19.1%
- Target
- $8.00
- Score
- +0.10
NEOV is up over 31% on volume exceeding 10 million shares, compared to its 800k daily average. Needham initiated coverage with a Buy rating and an $8 price target. The stock closed at $2.12 yesterday and is trading near $2.79. The valuation centers on the Pendergrass, Georgia joint venture. NEOV holds an 80% stake in this facility. This moves the company from residential battery sales to grid-scale storage. The plant is designed to scale from 2 GWh to 8 GWh …
— ORIGINAL POST ·
Needham sets $8 target on NEOV
· r/pennystocks
· Jun 18, 2026