Truist Securities Maintains Hold on QuantumScape, Lowers Price Target to $7
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Jordan Levy has maintained a 'Hold' rating on QuantumScape (NYSE:QS) and lowered the price target from $10 to $7.
October 24, 2023 | 4:46 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
QuantumScape's price target has been lowered from $10 to $7 by Truist Securities, which maintains a 'Hold' rating on the stock.
The lowering of the price target by Truist Securities indicates a less optimistic outlook for QuantumScape's stock in the short term. This could potentially lead to a decrease in the stock's price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100