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On Wednesday, Electrovaya Inc. (NASDAQ:ELVA) received a positive outlook from Roth/MKM as the firm started coverage on the stock with a Buy rating and an $8.00 price target. The company, known for its production of heavy-duty lithium-ion batteries, has been recognized for its broad range of over 40 products tailored for electric forklifts and the industrial market.
The…
