Fermi (FRMI) Climbs 12% as Analyst Reaffirms ‘Buy’

We recently published 10 Stocks Winning the Market. Fermi Inc. (NASDAQ:FRMI) was one of the best performers on Tuesday. Fermi jumped by 11.92 percent on Tuesday to close at $10.05 apiece after an investment firm reaffirmed its bullish stance for the stock. In its coverage, Berenberg lowered its price target for Fermi Inc. (NASDAQ:FRMI) to $35 from $37 previously, but maintained a “buy” recommendation. The new figure marked a 248 percent upside potential from its latest closing price. The rally came des ...