Equities researchers at Maxim Group initiated coverage on shares of Ryde Group (NYSEAMERICAN:RYDE – Get Free Report) in a research note issued to investors on Tuesday, Benzinga reports. The brokerage set a “buy” rating and a $8.00 price target on the stock. Maxim Group’s target price suggests a potential upside of 113.33% from the company’s previous close.
Ryde Group Price Performance
Shares of RYDE stock opened at $3.75 on Tuesday. Ryde Group has a 12-month low of $2.02 and a 12-month high of $8.12.
About Ryde Group
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