Cantor Fitzgerald Reiterates Neutral on REE Automotive, Maintains $1 Price Target
Portfolio Pulse from Benzinga Newsdesk
Cantor Fitzgerald analyst Andres Sheppard has reiterated a Neutral rating on REE Automotive (NASDAQ:REE) and maintained a $1 price target.
September 05, 2023 | 12:42 pm
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NEUTRAL IMPACT
REE Automotive's stock rating has been reiterated as Neutral by Cantor Fitzgerald, with a maintained price target of $1.
The reiteration of a Neutral rating indicates that the analyst believes the stock will perform in line with the market average. This could mean that there are no significant catalysts expected to drive the stock price significantly higher or lower in the short term. The maintained price target of $1 also suggests that the analyst does not foresee any major price changes.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100