Cantor Fitzgerald Reiterates Overweight on Polestar Automotive, Maintains $6 Price Target
Portfolio Pulse from richadhand@benzinga.com
Cantor Fitzgerald analyst Andres Sheppard has reiterated an Overweight rating on Polestar Automotive (NASDAQ:PSNY) and maintained a $6 price target.
July 13, 2023 | 12:59 pm
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Cantor Fitzgerald has reiterated an Overweight rating on Polestar Automotive and maintained a $6 price target, potentially indicating a positive outlook for the company.
Analyst ratings and price targets can significantly influence investor sentiment and stock prices. An Overweight rating suggests that the analyst believes the company's stock will outperform the market in the future. Maintaining a $6 price target indicates that the analyst believes the stock is currently undervalued and has potential for growth.
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