Alert: Major Price Advance (11/8/23)-BK Technologies Corp (NYSEAMERICAN: BKTI).

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BK Technologies Corp (NYSEAMERICAN: BKTI) stock closed at $14.19 on 11/8/23 after a major increase of 10.3%. The stock has risen 12.6% during the last week but has been weak relative to the market over the last nine months.

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Current PriceTarget Research Rating

With future capital returns forecasted to be in line with the cost of capital, BKTI is expected to continue to be Value Creation neutral.

BK Technologies has a current Value Trend Rating of F (Lowest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. BK Technologies has a poor Power Rating of 29 and a very low Appreciation Score of 6, triggering the Lowest Value Trend Rating.

Rating Review

In light of this very positive price change we are reviewing our current Overall Rating of F. This review will be completed in the next several days.

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