Fundamental Research Increases Ocean Biomedical Share Price Target to $17.63
(24/7 MARKET NEWS) – Ocean Biomedical, Inc. (NASDAQ: “OCEA”) reported, this morning, that Fundamental Research Corp. increased its OCEA stock price target to $17.63 per share, up from FRC’s initial report in March 2023 of $16.40.
Ocean Biomedical is trading at $7.0788, up $1.7588 (+33.06%), on 3.25M premarket shares traded.
Its 52-week range is $ 0.7402 to 1.70. There isn’t too much resistance between here and a new 52-week high, but it’s a foreign based listing, so look for swings and scalps, rather than long-term hold.
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