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home / news releases / NEBC - SPAC Nebula Caravel gets buy rating at D.A. Davidson with petcare platform Rover

NEBC - SPAC Nebula Caravel gets buy rating at D.A. Davidson with petcare platform Rover

Rover Group Inc Com Cl A
SPACE Nebula Caravel Acquisition (NEBC) initiated with a buy rating at D.A. Davison, citing the company's pending combination with petcare platform Rover.Nebula Caravel has a $17 price target and Davidson writes that Rover is the world's largest online marketplace for pet care, according to analyst Tom White. He describes the company as a category leader with converging Covid tailwinds.Recall Feb. 19, Petcare platform Rover got a $1.6B SPAC deal.

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SPAC Nebula Caravel gets buy rating at D.A. Davidson with petcare platform Rover
Stock Information
Company Name: Rover Group Inc Com Cl A
Stock Symbol: NEBC
Market: NASDAQ
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