HC Wainwright & Co. Reiterates Buy on REE Automotive, Maintains $15 Price Target
Portfolio Pulse from Benzinga Newsdesk
HC Wainwright & Co. analyst Amit Dayal has reiterated a Buy rating on REE Automotive (NASDAQ:REE), maintaining a $15 price target.

March 28, 2024 | 10:52 am
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POSITIVE IMPACT
REE Automotive's Buy rating reaffirmed by HC Wainwright & Co. with a $15 price target.
The reaffirmation of a Buy rating and a significant price target by a reputable analyst like Amit Dayal from HC Wainwright & Co. is likely to instill confidence among investors and could lead to a positive short-term impact on REE Automotive's stock price. The specific mention of a $15 price target suggests a strong upside potential from the current trading levels, assuming the market aligns with the analyst's outlook.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100