Citigroup Maintains Buy on Fisker, Lowers Price Target to $15
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Itay Michaeli has maintained a 'Buy' rating on Fisker (NYSE:FSR) but lowered the price target from $18 to $15.
August 17, 2023 | 1:27 pm
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Citigroup has maintained a 'Buy' rating on Fisker but lowered the price target from $18 to $15.
The news is directly related to Fisker and is likely to influence investor sentiment. While the 'Buy' rating is maintained, the lowered price target may cause some concern among investors, potentially leading to short-term volatility in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100