Roth MKM Maintains Neutral on Electrameccanica Vehicles, Lowers Price Target to $0.4
Portfolio Pulse from Benzinga Newsdesk
Roth MKM analyst Craig Irwin has maintained a Neutral rating on Electrameccanica Vehicles (NASDAQ:SOLO) and reduced the price target from $0.5 to $0.4.
January 12, 2024 | 2:51 pm
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NEGATIVE IMPACT
Roth MKM has maintained a Neutral rating on Electrameccanica Vehicles and lowered the price target from $0.5 to $0.4.
The reduction in price target by Roth MKM suggests a bearish outlook on the stock's short-term price potential, which could lead to negative investor sentiment and a possible decrease in stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100