Stifel Maintains Buy on Canoo, Lowers Price Target to $1.5
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst J. Bruce Chan maintains a Buy rating on Canoo (NASDAQ:GOEV) and lowers the price target from $1.65 to $1.5.

June 27, 2023 | 9:41 am
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NEUTRAL IMPACT
Stifel analyst J. Bruce Chan maintains a Buy rating on Canoo (NASDAQ:GOEV) and lowers the price target from $1.65 to $1.5.
The news of Stifel maintaining a Buy rating on Canoo is positive for the stock, but the lowering of the price target from $1.65 to $1.5 may create some uncertainty among investors. This mixed sentiment is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100