Greenridge analyst William Gregozeski lowered the firm’s price target on Society Pass (SOPA) to $20 from $25 and keeps a Buy rating on the shares based on the reduced NusaTrip (NUTR) holding, a higher Society Pass sharecount and changes to the firm’s model to include the Sapience AI and Gorilla investments.
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Read More on SOPA:
- Society Pass files to sell 4.39M shares of common stock, warrants
- Society Pass, NusaTrip enter partnership with Gorilla Networks
- Society Pass, NusaTrip, Gother enter partnership to enhance flight distribution
- Society Pass announces $1.8M minority investment in Gorilla Networks
- Society Pass announces $8.8M minority investment in Sapience AI