Equities researchers at Northland Securities began coverage on shares of Live Oak Acquisition Corp. V (NASDAQ:TMS – Get Free Report) in a report issued on Thursday. The brokerage set an “outperform” rating and a $14.00 price target on the stock. Northland Securities’ target price suggests a potential upside of 101.44% from the stock’s previous close.
Live Oak Acquisition Corp. V Price Performance
Shares of NASDAQ TMS opened at $6.95 on Thursday. Live Oak Acquisition Corp. V has a 52-week low of $6.41 and a 52-week high of $13.20.
About Live Oak Acquisition Corp. V
Live Oak Acquisition Corp. V is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. As a special purpose acquisition company, it does not operate a traditional commercial business of its own and instead focuses on identifying and completing an acquisition transaction.
The company was organized to pursue opportunities across a broad range of industries and geographic markets, subject to the terms of its governing documents and applicable regulations.
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