HCM II Acquisition (NASDAQ:IMSR – Get Free Report) was downgraded by stock analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a research note issued to investors on Monday.
Other research analysts have also recently issued reports about the stock. Cantor Fitzgerald started coverage on shares of HCM II Acquisition in a research note on Friday, December 19th. They set an “overweight” rating and a $12.00 price objective for the company. Weiss Ratings began coverage on HCM II Acquisition in a report on Thursday, December 18th. They set a “sell (d)” rating on the stock. One investment analyst has rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $12.00.
View Our Latest Research Report on IMSR
HCM II Acquisition Trading Down 6.0%
About HCM II Acquisition
Terrestrial Energy Inc produces carbon free nuclear energy in North Carolina and internationally. The company was founded in 2013 and is headquartered in Charlotte, North Carolina.
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