HCM II Acquisition (NASDAQ:IMSR) Cut to “Sell” at Wall Street Zen

Wall Street Zen lowered shares of HCM II Acquisition (NASDAQ:IMSRFree Report) from a hold rating to a sell rating in a report released on Monday morning.

A number of other research firms have also weighed in on IMSR. Cantor Fitzgerald started coverage on shares of HCM II Acquisition in a research report on Friday, December 19th. They issued an “overweight” rating and a $12.00 price target for the company. Weiss Ratings started coverage on shares of HCM II Acquisition in a research note on Thursday, December 18th. They set a “sell (d)” rating on the stock. One equities research analyst has rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, HCM II Acquisition has a consensus rating of “Hold” and an average price target of $12.00.

Check Out Our Latest Stock Analysis on IMSR

HCM II Acquisition Price Performance

Shares of NASDAQ:IMSR opened at $7.04 on Monday. HCM II Acquisition has a 12-month low of $6.82 and a 12-month high of $31.50.

HCM II Acquisition Company Profile

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Terrestrial Energy Inc produces carbon free nuclear energy in North Carolina and internationally. The company was founded in 2013 and is headquartered in Charlotte, North Carolina.

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