Noble Financial Stock Recommendations and Price Targets

This is a list of recent ratings by Noble Financial.

Date	Company Name	Action	Current Price	Price Target	Rating	Impact on Share Price
5/12/2025	SKYH Sky Harbour Group	Initiated Coverage	$12.00	$23.00	Outperform	N/A
5/9/2025	FLWS 1-800-FLOWERS.COM	Downgrade	$5.00		Strong-Buy ➝ Hold	Low
5/8/2025	NIM Nicola Mining	Upgrade	C$0.00		Strong-Buy	N/A
5/5/2025	VNCE Vince	Downgrade	$2.00		Strong-Buy ➝ Hold	High
4/30/2025	TZOO Travelzoo	Reiterated Rating	$15.00		Outperform ➝ Outperform	Low
4/23/2025	STKS ONE Group Hospitality	Upgrade	$5.00		Strong-Buy	Medium
4/3/2025	MRMD MariMed	Upgrade	$0.00		Strong-Buy	High
3/24/2025	GEO The GEO Group	Reiterated Rating	$27.00		Outperform ➝ Outperform	Medium
3/20/2025	TNXP Tonix Pharmaceuticals	Reiterated Rating	$20.00	$70.00 ➝ $70.00	Outperform ➝ Outperform	High
3/11/2025	GYRE Gyre Therapeutics	Initiated Coverage	$12.00		Outperform	High
3/6/2025	AZZ AZZ	Reiterated Rating	$94.00		Outperform ➝ Outperform	Low
3/5/2025	GEO The GEO Group	Upgrade	$27.00	$32.00	Market Perform ➝ Outperform	High
2/12/2025	SLQT SelectQuote	Upgrade	$2.00		Strong-Buy	Medium
2/12/2025	CXW CoreCivic	Upgrade	$22.00		Market Perform ➝ Outperform	High
2/7/2025	EDRY EuroDry	Downgrade	$9.00		Outperform ➝ Market Perform	N/A
1/24/2025	TSQ Townsquare Media	Reiterated Rating	$7.00	$21.00 ➝ $21.00	Outperform ➝ Outperform	Low
1/22/2025	NTRB Nutriband	Initiated Coverage	$6.00	$13.00	Outperform	High
12/18/2024	LODE Comstock	Downgrade	$2.00		Outperform ➝ Market Perform	N/A
11/11/2024	GEO The GEO Group	Downgrade	$27.00		Outperform ➝ Market Perform	N/A
10/17/2024	BTM Bitcoin Depot	Upgrade	$2.00		Strong-Buy	Low
10/9/2024	SCS Steelcase	Initiated Coverage	$11.00	$16.00	Outperform	Low
10/7/2024	IPOOF InPlay Oil	Upgrade	$6.00		Strong-Buy	Medium
10/7/2024	IPO InPlay Oil	Upgrade	C$8.00		Strong-Buy	N/A
9/24/2024	LWAY Lifeway Foods	Downgrade	$22.00		Outperform ➝ Market Perform	High
9/23/2024	GLDD Great Lakes Dredge & Dock	Boost Price Target	$11.00	$11.00 ➝ $14.00	Outperform ➝ Outperform	Low
9/17/2024	GDEV GDEV	Boost Price Target	$15.00	$60.00 ➝ $70.00	Outperform ➝ Outperform	N/A
9/3/2024	LWAY Lifeway Foods	Boost Price Target	$22.00	$20.00 ➝ $25.00	Outperform ➝ Outperform	Low
8/19/2024	GOVX GeoVax Labs	Boost Price Target	$1.00	$6.00 ➝ $10.00	Outperform ➝ Outperform	Low
8/12/2024	GDEV GDEV	Initiated Coverage	$15.00	$60.00	Outperform	N/A
8/12/2024	LODE Comstock	Upgrade	$2.00	$26.00	Market Perform ➝ Outperform	Low
7/29/2024	EDRY EuroDry	Upgrade	$9.00		Strong-Buy	Low
7/23/2024	SHIP Seanergy Maritime	Upgrade	$6.00		Strong-Buy	Low
7/17/2024	HME Hemisphere Energy	Upgrade	C$2.00		Strong-Buy	N/A
7/10/2024	ESEA Euroseas	Upgrade	$39.00		Strong-Buy	Low
6/28/2024	RAIL FreightCar America	Upgrade	$7.00		Strong-Buy	Low
6/24/2024	VNCE Vince	Initiated Coverage	$2.00	$3.00	Outperform	Low
6/24/2024	GHM Graham	Initiated Coverage	$37.00	$35.00	Outperform	Low
6/12/2024	ESEA Euroseas	Boost Price Target	$39.00	$49.00 ➝ $53.00	Outperform ➝ Outperform	Low
6/12/2024	CXW CoreCivic	Downgrade	$22.00		Strong-Buy ➝ Hold	Low
6/11/2024	AZZ AZZ	Upgrade	$94.00	$95.00	Market Perform ➝ Outperform	Low
5/30/2024	LWAY Lifeway Foods	Upgrade	$22.00	$20.00	Market Perform ➝ Outperform	Low
5/29/2024	ARU Aurania Resources	Upgrade	C$0.00		Hold ➝ Strong-Buy	N/A
5/29/2024	RGP Resources Connection	Initiated Coverage	$6.00	$15.00	Outperform	Low
4/29/2024	SKYX SKYX Platforms	Initiated Coverage	$1.00	$5.00	Outperform	Low
4/15/2024	NNBR NN	Initiated Coverage	$2.00	$6.00	Outperform	Low
4/1/2024	TSQ Townsquare Media	Boost Price Target	$7.00	$20.00 ➝ $21.00	Outperform ➝ Outperform	Low
3/27/2024	LWAY Lifeway Foods	Reiterated Rating	$22.00		Outperform ➝ Market Perform	Low
3/27/2024	DRCT Direct Digital	Reiterated Rating	$1.00		Outperform ➝ Market Perform	Low
3/22/2024	AZZ AZZ	Downgrade	$94.00	$75.00	Outperform ➝ Market Perform	Low
3/18/2024	SHIP Seanergy Maritime	Boost Price Target	$6.00	$10.00 ➝ $12.00	Outperform ➝ Outperform	Low
3/14/2024	CNDT Conduent	Initiated Coverage	$2.00	$9.00	Outperform	Low
2/29/2024	SLQT SelectQuote	Initiated Coverage	$2.00	$5.00	Outperform	Low
2/28/2024	CMLS Cumulus Media	Reiterated Rating	$0.00		Outperform ➝ Market Perform	Low
2/26/2024	LWAY Lifeway Foods	Upgrade	$22.00	$14.00	Market Perform ➝ Outperform	Low
2/14/2024	UNCY Unicycive Therapeutics	Initiated Coverage	$1.00	$6.00	Outperform	Low
12/18/2023	CVKD Cadrenal Therapeutics	Initiated Coverage	$15.00	$4.00	Outperform	Low
11/27/2023	LWAY Lifeway Foods	Downgrade	$22.00		Outperform ➝ Market Perform	Low
11/14/2023	LWAY Lifeway Foods	Upgrade	$22.00	$13.00	Market Perform ➝ Outperform	Low
9/27/2023	ELDN Eledon Pharmaceuticals	Initiated Coverage	$3.00	$10.00	Outperform	Low
9/25/2023	LWAY Lifeway Foods	Downgrade	$22.00		Outperform ➝ Market Perform	Low
9/21/2023	QSG QuantaSing Group	Initiated Coverage	$7.00	$10.00	Outperform	Low
9/7/2023	BTM Bitcoin Depot	Initiated Coverage	$2.00	$9.00	Outperform	Low
9/7/2023	BSET Bassett Furniture Industries	Reiterated Rating	$17.00		Outperform ➝ Market Perform	Low
8/31/2023	VRA Vera Bradley	Boost Price Target	$2.00	$8.00 ➝ $10.00	Outperform ➝ Outperform	Low
8/24/2023	LWAY Lifeway Foods	Boost Price Target	$22.00	$10.00 ➝ $12.00	Outperform ➝ Outperform	Low
8/23/2023	ODP ODP	Initiated Coverage	$18.00	$65.00	Outperform	Low
8/21/2023	AZZ AZZ	Initiated Coverage	$94.00	$60.00	Outperform	Low
8/14/2023	RICK RCI Hospitality	Lower Price Target	$45.00	$150.00 ➝ $125.00	Outperform ➝ Outperform	Low
8/11/2023	OSS One Stop Systems	Reiterated Rating	$3.00		Outperform ➝ Market Perform	Low
5/31/2023	SGA Saga Communications	Initiated Coverage	$12.00	$27.00	Outperform	Low
4/13/2023	SNAL Snail	Initiated Coverage	$1.00	$9.00	Outperform	Low
3/15/2023	ORN Orion Group	Initiated Coverage	$8.00	$6.00	Buy	Low
2/21/2023	MAIA MAIA Biotechnology	Initiated Coverage	$2.00	$14.00	Outperform	N/A
2/7/2023	LGO Largo	Initiated Coverage	$2.00	$11.00	Outperform	Low
2/6/2023	NEGG Newegg Commerce	Initiated Coverage	$5.00	$70.00	Outperform	Low
2/1/2023	MSGM Motorsport Games	Reiterated Rating	$2.00		Outperform ➝ Market Perform	N/A
2/1/2023	ARLP Alliance Resource Partners	Initiated Coverage	$26.00	$32.00	Buy	Low
1/19/2023	IPO InPlay Oil	Reiterated Rating	C$8.00	C$6.00	Buy	N/A
1/13/2023	NKOSF Labrador Gold	Initiated Coverage	$0.00	$0.55	Buy	N/A
12/20/2022	EFR Energy Fuels	Reiterated Rating	C$6.00	C$13.00	Buy	N/A
12/1/2022	CVGI Commercial Vehicle Group	Initiated Coverage	$1.00	$10.00	Outperform	Low
11/28/2022	PDSB PDS Biotechnology	Boost Price Target	$1.00	$19.00		Low
11/17/2022	BSGM BioSig Technologies	Lower Price Target	$3.00	$20.00		Low
11/16/2022	LWAY Lifeway Foods	Upgrade	$22.00	$10.00	Market Perform ➝ Outperform	Low
11/16/2022	KELYA Kelly Services	Lower Price Target	$12.00	$25.00		Low
11/15/2022	EFR Energy Fuels	Reiterated Rating	C$6.00	C$13.00	Buy	N/A
11/15/2022	KTOS Kratos Defense & Security Solutions	Lower Price Target	$34.00	$18.00		Low
11/1/2022	CMLS Cumulus Media	Lower Price Target	$0.00	$20.00		Low
10/14/2022	IPO InPlay Oil	Reiterated Rating	C$8.00	C$6.00	Buy	N/A
9/6/2022	FLWS 1-800-FLOWERS.COM	Lower Price Target	$5.00	$13.00		Low
8/24/2022	QMCI QuoteMedia	Initiated Coverage	$0.00	$0.35	Buy	Low
8/15/2022	SMT Sierra Metals	Lower Price Target	C$1.00	C$2.25	Buy	N/A
8/12/2022	IPO InPlay Oil	Reiterated Rating	C$8.00	C$6.00	Buy	N/A
8/8/2022	CDE Coeur Mining	Downgrade	$8.00		Outperform ➝ Market Perform	Low
7/29/2022	SMT Sierra Metals	Reiterated Rating	C$1.00	C$2.50	Buy	N/A
7/20/2022	ESKYF Eskay Mining	Initiated Coverage	$0.00	$2.90	Outperform	Low
7/18/2022	MGROF MustGrow Biologics	Initiated Coverage	$1.00		Market Perform	N/A
7/12/2022	DRCT Direct Digital	Initiated Coverage	$1.00	$5.50	Outperform	Low
7/11/2022	ORTIF Ortho Regenerative Technologies	Initiated Coverage	C$0.00	C$1.35	Outperform	N/A
6/30/2022	NKOSF Labrador Gold	Initiated Coverage	$0.00	$0.60	Outperform	N/A