Marti Technologies (NYSEAMERICAN:MRT) Price Target Lowered to $2.15 at Cantor Fitzgerald

Marti Technologies (NYSEAMERICAN:MRT) had its price target lowered by Cantor Fitzgerald from $3.00 to $2.15 in a research note released on Tuesday, MarketBeat reports. Cantor Fitzgerald currently has an overweight rating on the stock.

Separately, Roth Mkm set a $4.00 target price on Marti Technologies in a research report on Monday. One investment analyst has rated the stock with a Buy rating, According to MarketBeat.com, the company presently has an average rating of “Buy” and a consensus price target of $3.08.

Marti Technologies Stock Up 1.9%

MRT stock opened at $2.12 on Tuesday. The business’s 50-day moving average is $2.06 and its two-hundred day moving average is $2.32. Marti Technologies has a 1 year low of $1.97 and a 1 year high of $3.70.

Marti Technologies (NYSEAMERICAN:MRT) last issued its earnings results on Saturday, February 14th. The company reported ($0.14) earnings per share for the quarter. The firm had revenue of $12.46 million during the quarter.

About Marti Technologies

Marti Technologies Inc is a mobility app, offering multiple transportation services to its riders. Marti operates a ride-hailing service that matches riders with car, motorcycle, and taxi drivers, and operates a large fleet of rental e-mopeds, e-bikes, and e-scooters. All of Marti’s offerings are serviced by proprietary software systems and IoT infrastructure.