Stifel Nicolaus Cuts Inception Growth Acquisition (NASDAQ:IGTA) Price Target to $26.00

Inception Growth Acquisition (NASDAQ:IGTA) had its target price trimmed by Stifel Nicolaus from $30.00 to $26.00 in a report issued on Friday morning,Benzinga reports. The brokerage currently has a hold rating on the stock.

Inception Growth Acquisition Price Performance

Shares of NASDAQ:IGTA opened at $9.00 on Friday. Inception Growth Acquisition has a 1 year low of $6.64 and a 1 year high of $14.00. The stock’s fifty day moving average price is $12.15 and its 200-day moving average price is $11.80.

About Inception Growth Acquisition

Inception Growth Acquisition Limited does not have significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. It intends to focus on sourcing opportunities in the technology, media and telecom, sports and entertainment, and non-gambling game sectors.