Maxim Group Downgrades Nxu to Hold
Portfolio Pulse from Benzinga Newsdesk
Maxim Group analyst Tate Sullivan has downgraded Nxu (NASDAQ:NXU) from Buy to Hold.
October 23, 2023 | 4:23 pm
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Nxu (NASDAQ:NXU) has been downgraded from Buy to Hold by Maxim Group.
The downgrade from Buy to Hold by Maxim Group indicates a less optimistic outlook for the company's stock. This could potentially lead to a decrease in the stock price in the short term as investors may interpret this as a signal to sell or avoid buying the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100