Maxim raised the firm’s price target on Datavault (DVLT) to $4 from $3 and keeps a Buy rating on the shares. Following the WiSA merger and the strategic acquisition of CSI, along with new licensing deals and a $150M Bitcoin infusion from Scilex, the company’s IP portfolio across Web 3.0, audio technologies, and data monetization is increasingly promising, the analyst tells investors in a research note.
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