Craig-Hallum Raises PT on Acacia Research (ACTG), Keeps a Buy Rating

Acacia Research Corporation (NASDAQ:ACTG) is one of the High-Flying Penny Stocks to Buy. On March 12, Craig-Hallum analyst Anthony Stoss raised the firm’s price target on Acacia Research Corporation (NASDAQ:ACTG) from $5 to $6, while keeping a Buy rating on the stock. ​The analyst noted that the company trades below its diluted book value per share. This presents an attractive entry point and potential undervaluation despite mixed end-market conditions. Moreover, the analyst also pointed out progress at B ...

Craig-Hallum Raises PT on Acacia Research (ACTG), Keeps a Buy Rating - Reportify