DA Davidson Reiterates Neutral on Nikola, Maintains $1 Price Target
Portfolio Pulse from Benzinga Newsdesk
DA Davidson analyst Michael Shlisky reiterated a Neutral rating on Nikola (NASDAQ:NKLA) and maintained a $1 price target.

March 05, 2024 | 4:17 pm
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NEUTRAL IMPACT
DA Davidson analyst Michael Shlisky reiterated a Neutral rating on Nikola and maintained a $1 price target.
The reiteration of a Neutral rating and maintenance of a $1 price target by DA Davidson suggests no significant short-term price movement expectation for Nikola. The analyst's stance indicates a wait-and-see approach, reflecting uncertainty or potential stagnation in the stock's performance.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100