Roth MKM Maintains Buy on GreenPower Motor Co, Lowers Price Target to $7
Portfolio Pulse from Benzinga Newsdesk
Roth MKM analyst Craig Irwin has maintained a Buy rating on GreenPower Motor Co (NASDAQ:GP) but has reduced the price target from $13 to $7.
November 16, 2023 | 2:49 pm
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Roth MKM analyst Craig Irwin maintains a Buy rating on GreenPower Motor Co but lowers the price target from $13 to $7.
While the maintenance of a Buy rating is positive, the significant reduction in the price target from $13 to $7 could create mixed sentiment among investors. The lowered price target may reflect a revised valuation or expectations of future performance, which could lead to short-term price volatility as the market digests this new information.
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IMPORTANCE 75
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