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The latest update is out from Novamarine S.P.A. ( (IT:NOVA) ).
Novamarine S.p.A. has acquired the historic brand Tornado Yachts, known for its luxury sport boats and pleasure yachts, as part of its strategy to expand its product offerings and consolidate its market position. This acquisition allows Novamarine to integrate Tornado Yachts’ iconic models into its portfolio, enhancing its production capabilities and customer base while maintaining a focus on innovation and tradition.
The most recent analyst rating on (IT:NOVA) stock is a Buy with a EUR5.70 price target. To see the full list of analyst forecasts on Novamarine S.P.A. stock, see the IT:NOVA Stock Forecast page.
More about Novamarine S.P.A.
Novamarine S.p.A. is a company engaged in the design, production, and marketing of high-performance pleasure boats, serving both the pleasure and professional segments. It is listed on the Euronext Growth Milan market and focuses on expanding its range of boats to include luxury sport boats and pleasure yachts.
Average Trading Volume: 4,533
Technical Sentiment Signal: Strong Buy
For an in-depth examination of NOVA stock, go to TipRanks’ Overview page.