Northland Securities Begins Coverage on Innventure (NASDAQ:INV)

Analysts at Northland Securities assumed coverage on shares of Innventure (NASDAQ:INV) in a research note issued on Wednesday, MarketBeat Ratings reports. The brokerage set an “outperform” rating and a $12.00 price target on the stock. Northland Securities’ price target would suggest a potential upside of 51.71% from the stock’s previous close.

INV has been the topic of several other research reports. Roth Mkm started coverage on Innventure in a report on Thursday, January 23rd. They set a “buy” rating and a $16.00 price objective on the stock. Roth Capital upgraded Innventure to a “strong-buy” rating in a report on Thursday, January 23rd.

Innventure Price Performance

Innventure stock opened at $7.91 on Wednesday. Innventure has a 1 year low of $6.57 and a 1 year high of $18.75. The stock’s 50-day moving average is $10.87.

Hedge Funds Weigh In On Innventure

Several institutional investors have recently modified their holdings of INV. Charles Schwab Investment Management Inc. bought a new stake in Innventure in the 4th quarter valued at approximately $2,161,000. Geode Capital Management LLC bought a new stake in Innventure in the 4th quarter valued at approximately $918,000. Barclays PLC bought a new stake in Innventure in the 4th quarter valued at approximately $389,000. Tower Research Capital LLC TRC bought a new stake in shares of Innventure during the 4th quarter worth approximately $52,000. Finally, Northern Trust Corp bought a new stake in shares of Innventure during the 4th quarter worth approximately $601,000. Institutional investors own 55.98% of the company’s stock.

About Innventure

Innventure Inc founds, funds and operates companies with a focus on transformative, sustainable technology solutions acquired or licensed from multinational corporations. Innventure Inc, formerly known as Learn CW Investment Corporation, is based in ORLANDO, Fla.