Marti Technologies initiated with a Buy at Litchfield Hills

Litchfield Hills analyst Theodore O’Neill initiated coverage of Marti Technologies (MRT) with a Buy rating and $7 price target Marti is Turkiye’s leading mobility app offering a ride-hailing service that matches riders with car, motorcycle, and taxi drivers, the analyst tells investors in a research note. The firm views the company as the market share leader that is “growing rapidly.” Turkiye is a large, underpenetrated market opportunity, contends Litchfield.