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.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100