Alliance Global Partners initiated coverage of Eco Wave Power (WAVE) with a Buy rating and $14 price target The clean energy technology company, which has developed technology to convert waves into green electricity, is beginning to generate “solid momentum with several actionable projects,” along with a pipeline of over 400 MW, the analyst tells investors. The firm’s price target is based on its 2030 estimates, the analyst noted.
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Read More on WAVE:
- Eco Wave Power Advances Portuguese Wave Energy Project Toward 2026 Launch
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- Eco Wave Power Demonstrates 24/7 Wave Energy Reliability at Jaffa Port
- Eco Wave Power appoints Gomez as power station manager of Portuguese project
- Eco Wave Power Secures $3 Million to Boost Wave Energy Projects
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