On May 20, 2025, analyst Jack Vander Aarde from Maxim Group released an updated report on NIP Group (NIPG, Financial), maintaining a "Buy" rating. However, the price target for NIPG was significantly adjusted downward from $12.00 to $6.00. This adjustment reflects a 50% decrease in the stock's price target.
The decision to maintain the "Buy" rating suggests continued confidence in NIP Group's (NIPG, Financial) overall potential, despite the reduced price target. The adjusted target price of $6.00 is set in USD and reflects Maxim Group's latest evaluation of the company's future performance.
Investors and stakeholders of NIP Group (NIPG, Financial) are advised to take note of this update from Maxim Group, as it might influence trading strategies and investment decisions.