BUZZ-Near Intelligence gains after brokerage Benchmark initiates coverage
Reuters
Jul 07, 2023
** Shares of data intelligence firm Near Intelligence
up 10.9% at $1.32 premarket
** Brokerage Benchmark initiates coverage on stock with "speculative buy" rating and $3 PT
** "While NIR's offerings are in 'test and learn' across many enterprise budgets at present, we expect to see more case studies proving upward spend trajectory from marquee clients (NewsCorp, Ford, etc)" - Benchmark
** Up to last close, stock down ~88% this year
(Reporting by Jaspreet Singh in Bengaluru)
((Jaspreet.Singh@thomsonreuters.com ; ))
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