Barclays Maintains Underweight on Fisker, Lowers Price Target to $5
Portfolio Pulse from jenniferd'souza@benzinga.com
Barclays analyst Dan Levy has maintained an 'Underweight' rating on Fisker (NYSE:FSR) and lowered the price target from $6 to $5.
August 08, 2023 | 12:47 pm
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NEGATIVE IMPACT
Barclays has maintained an 'Underweight' rating on Fisker and lowered the price target from $6 to $5.
The 'Underweight' rating maintained by Barclays indicates a negative outlook for Fisker. The lowering of the price target from $6 to $5 suggests that Barclays expects Fisker's stock price to decrease in the short term. This could potentially lead to a negative impact on Fisker's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100