NextTrip price target raised to $5 from $2.50 at H.C. Wainwright

H.C. Wainwright raised the firm’s price target on NextTrip (NTRP) to $5 from $2.50 and keeps a Neutral rating on the shares after the company signed definitive agreements to purchase 49.0% of the membership interests of travel company Five Star Alliance. The firm expects the announced investment to open significant revenue opportunities near term for NextTrip.