BTIG Downgrades Workhorse Gr to Neutral
Portfolio Pulse from Benzinga Newsdesk
BTIG analyst Gregory Lewis has downgraded Workhorse Group (NASDAQ:WKHS) from Buy to Neutral, indicating a change in the firm's outlook on the company's stock.
November 15, 2023 | 9:12 am
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Workhorse Group's stock rating has been downgraded by BTIG analyst Gregory Lewis from Buy to Neutral, which may influence investor sentiment and potentially impact the stock's performance in the short term.
Analyst ratings often affect stock prices as they reflect changes in expectations about a company's future performance. A downgrade from Buy to Neutral suggests that the analyst sees limited upside potential or increased risk, which could lead to a decrease in investor confidence and a possible decline in the stock price in the short term.
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