HeartCore Enterprises Announces Partnership with Toppan to Expand Digital Marketing

On May 24, 2023, HeartCore Enterprises (NASDAQ: HTCR) announced a new partnership agreement with Toppan, an established Japanese printing company. Under the agreement, HeartCore will expand Toppan’s digital marketing business through the use of its world-class content management system (CMS). This collaboration will also pave the way for further joint business ventures between the two companies. The ultimate goal of this partnership is to strengthen and expand both companies’ reach and penetration in the digital marketing ecosystem.

HeartCore is a software development company providing Software as a Service (SaaS) solutions to enterprise customers worldwide. Despite the promising partnership, HeartCore shares are down 18.7% at press time.

HTCR stock opens May 24, 2023 with a trading volume of 53,156 shares in the red

HTCR stock opened at $1.99 on May 24, 2023, down from the previous close of $2.43. During the day, the share price fluctuated between $1.90 and $2.17 with a trading volume of 53,156 shares.

According to analysts, Heartcore Enterprises Inc (HTCR) is expected to grow by 11.94%

On May 24, Heartcore Enterprises Inc (HTCR) had a median target price of 2.25, according to an analyst providing 12-month price predictions. High and low estimates were also at 2.25, suggesting analysts agree that the stock is expected to rise 11.94% from its last price of 2.01. This upbeat outlook was supported by the latest consensus from the investment analysts surveyed, who had maintained a buy rating on HTCR since December.