RF Lafferty Downgrades Fisker to Hold, Lowers Price Target to $2
Portfolio Pulse from Benzinga Newsdesk
RF Lafferty analyst Jamie Perez downgraded Fisker (NYSE:FSR) from Buy to Hold and reduced the price target from $3 to $2, indicating a more cautious outlook on the company's stock.
March 01, 2024 | 7:28 pm
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Fisker's downgrade from Buy to Hold by RF Lafferty and the reduction in price target from $3 to $2 suggests a more conservative stance on the company's future stock performance.
The downgrade by a financial analyst typically signals a less optimistic view on the stock's future performance, potentially leading to decreased investor confidence and a short-term negative impact on the stock price. The reduction in the price target further emphasizes the analyst's cautious stance, likely influencing investor perception and possibly leading to a decrease in stock price in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100