DA Davidson Maintains Neutral on Workhorse Gr, Lowers Price Target to $0.5
Portfolio Pulse from Benzinga Newsdesk
DA Davidson analyst Michael Shlisky maintains a Neutral rating on Workhorse Group (WKHS) and lowers the price target from $1 to $0.5.
April 01, 2024 | 1:38 pm
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DA Davidson analyst Michael Shlisky maintains a Neutral rating on Workhorse Group and lowers the price target from $1 to $0.5.
The reduction in price target by DA Davidson suggests a bearish outlook on the stock's short-term price movement. Given the analyst's influence, this adjustment is likely to negatively impact investor sentiment and potentially lower WKHS's stock price in the short term.
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IMPORTANCE 80
RELEVANCE 100