Freight Technologies Inc. Receives First Analyst Coverage with a Buy Recommendation from Chardan: A Promising Step Forward
HOUSTON, Nov. 15, 2022 (GLOBE NEWSWIRE) —
Freight Technologies, Inc. (Nasdaq: FRGT) (“Fr8Tech”), a technology company based on its custom-developed Fr8App platform, which is powered by AI and machine learning and offers a real-time portal for B2B cross-border shipping and domestic shipping within the United States-Mexico-Canada (NAFTA) region, today announces it has received its first analyst coverage from Chardan with a ‘Buy’ recommendation.
This announcement is a significant milestone for Fr8Tech as it marks the beginning of recognition from the financial community for its innovative technology platform. The Fr8App platform has been revolutionizing the freight industry by providing efficient and cost-effective solutions for businesses engaged in cross-border and domestic shipping within the NAFTA region.
What does this mean for me?
As a consumer or business owner who relies on shipping services within the NAFTA region, this news is promising. It signifies that Freight Technologies Inc. is gaining traction and recognition in the industry for its advanced technology solutions. With a ‘Buy’ recommendation from Chardan, it indicates that the company is seen as a sound investment opportunity with growth potential.
What does this mean for the world?
On a larger scale, the recognition of Freight Technologies Inc. by Chardan with a ‘Buy’ recommendation highlights the importance of technology in the freight industry. As companies strive to improve efficiency and reduce costs in transportation and logistics, innovations like the Fr8App platform play a crucial role in shaping the future of shipping and supply chain management. This positive development could lead to further advancements in the industry and benefit businesses and consumers worldwide.
Conclusion
Freight Technologies Inc.’s first analyst coverage with a ‘Buy’ recommendation from Chardan is a significant milestone that underscores the company’s growth potential and innovative technology solutions. This promising step forward not only benefits businesses and consumers within the NAFTA region but also highlights the importance of technological advancements in shaping the future of the global freight industry. As Freight Technologies Inc. continues to gain recognition and expand its reach, it paves the way for a more efficient, cost-effective, and sustainable shipping ecosystem.
