JP Morgan Upgrades Gogoro to Neutral, Announces $2.2 Price Target
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Bill Lin has upgraded Gogoro (NASDAQ:GGR) from Underweight to Neutral and set a price target of $2.2 for the company's stock.
December 13, 2023 | 1:18 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Gogoro's stock rating has been upgraded by JP Morgan from Underweight to Neutral, with a new price target of $2.2.
An upgrade in stock rating typically leads to a positive market perception, potentially increasing investor confidence and demand for the stock. The new price target of $2.2 suggests a direction for the stock price that JP Morgan analysts believe is achievable, which may influence investor expectations and stock price movement in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100