Northland Securities began coverage on shares of Live Oak Acquisition Corp. V (NASDAQ:TMS – Get Free Report) in a research note issued on Thursday, MarketBeat reports. The brokerage set an “outperform” rating and a $14.00 price target on the stock. Northland Securities’ price target would indicate a potential upside of 128.76% from the company’s previous close.
Live Oak Acquisition Corp. V Stock Down 4.2%
TMS opened at $6.12 on Thursday. Live Oak Acquisition Corp. V has a 1 year low of $5.88 and a 1 year high of $13.20.
About Live Oak Acquisition Corp. V
Live Oak Acquisition Corp. V is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. As a special purpose acquisition company, it does not operate a traditional commercial business of its own and instead focuses on identifying and completing an acquisition transaction.
The company was organized to pursue opportunities across a broad range of industries and geographic markets, subject to the terms of its governing documents and applicable regulations.
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