TechMediaBreaks – Freight Technologies Inc. (NASDAQ: FRGT) Maintains ‘Buy’ Rating in Latest Chardan Research Report
Freight Technologies (NASDAQ: FRGT), a leading technology company developing innovative solutions powered by AI and machine learning to optimize and automate the supply chain process, was spotlighted in a recent Chardan Research report. In the report, Chardan noted that “despite recent setbacks,” it remained positive on shares of FRGT long-term, maintaining a buy status and noting that the company’s cloud-based solution digitalizes cross-border, over-the-road (“OTR”) shipping. The report noted that Freight Technologies reported Q1 2023 revenue of $3.3 million, which is down from last year's $5.3 million. “The weaker start to the year is due to the loss of a…