B. Riley Securities Maintains Buy on Workhorse Gr, Lowers Price Target to $3
Portfolio Pulse from richadhand@benzinga.com
B. Riley Securities analyst Christopher Souther maintains a 'Buy' rating on Workhorse Gr (NASDAQ:WKHS), but has lowered the price target from $4 to $3.

July 20, 2023 | 2:23 pm
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NEUTRAL IMPACT
Workhorse Gr's price target has been lowered from $4 to $3 by B. Riley Securities, though the 'Buy' rating is maintained.
The news is directly about Workhorse Gr and is likely to influence investor sentiment. The lowering of the price target may indicate a perceived decrease in the company's value, but the maintained 'Buy' rating suggests that the analyst still sees potential in the stock. This could lead to mixed reactions in the market, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100