DA Davidson Maintains Neutral on Hyzon Motors, Lowers Price Target to $1
Portfolio Pulse from Benzinga Newsdesk
DA Davidson analyst Michael Shlisky maintains a Neutral rating on Hyzon Motors (NASDAQ:HYZN) and lowers the price target from $4 to $1.
June 12, 2023 | 1:27 pm
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DA Davidson analyst lowers Hyzon Motors' price target from $4 to $1, maintaining a Neutral rating.
The lowered price target from $4 to $1 by DA Davidson analyst Michael Shlisky indicates a bearish outlook on Hyzon Motors' stock. This news is directly related to HYZN and is likely to have a negative impact on its stock price in the short term, as it suggests a significant decrease in the perceived value of the company.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100