Roth MKM Maintains Buy on GreenPower Motor Co, Lowers Price Target to $3
Portfolio Pulse from Benzinga Newsdesk
Roth MKM analyst Craig Irwin maintains a Buy rating on GreenPower Motor Co (NASDAQ:GP) but lowers the price target from $7 to $3.

April 01, 2024 | 6:32 pm
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Roth MKM analyst Craig Irwin maintains a Buy rating on GreenPower Motor Co but lowers the price target from $7 to $3.
While the maintenance of a Buy rating by Roth MKM indicates continued confidence in GreenPower Motor Co's fundamentals, the significant reduction in the price target could signal concerns about near-term challenges or valuation adjustments. This mixed signal might lead to short-term uncertainty among investors, potentially stabilizing the stock price as the market digests the implications.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100