Equities researchers at Cantor Fitzgerald began coverage on shares of HCM II Acquisition (NASDAQ:IMSR – Get Free Report) in a research report issued on Friday. The brokerage set an “overweight” rating and a $12.00 price target on the stock. Cantor Fitzgerald’s price target would suggest a potential upside of 55.04% from the company’s current price.
Separately, Wall Street Zen upgraded HCM II Acquisition to a “hold” rating in a research report on Sunday, December 14th. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus target price of $12.00.
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HCM II Acquisition Stock Performance
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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