Cantor Fitzgerald Reiterates Overweight on Polestar Automotive, Maintains $5 Price Target
Portfolio Pulse from Benzinga Newsdesk
Cantor Fitzgerald analyst Andres Sheppard has reiterated an Overweight rating on Polestar Automotive (NASDAQ:PSNY) and maintained a $5 price target.
April 12, 2024 | 1:44 pm
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Cantor Fitzgerald reaffirms an Overweight rating on Polestar Automotive with a $5 price target.
The reiteration of an Overweight rating and maintenance of a $5 price target by a reputable analyst like Andres Sheppard suggests a positive outlook on PSNY's stock. This endorsement could instill confidence in investors, potentially leading to a short-term positive impact on the stock's price.
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