On Friday, shares of Cheche Technology (CCG, Financial) opened with a surge of over 10%. At the time of reporting, the stock had climbed 11.39%, reaching $0.7832.
The significant rise in CCG's stock price comes after an analyst at Maxim Group, Allen Klee, initiated coverage with a "Buy" rating. Klee set a price target of $2.5, reflecting strong confidence in the company's potential growth.