Roth MKM Maintains Buy on Lion Electric, Lowers Price Target to $2
Portfolio Pulse from Benzinga Newsdesk
Roth MKM analyst Craig Irwin maintains a Buy rating on Lion Electric (LEV) but lowers the price target from $2.5 to $2.

May 09, 2024 | 1:19 pm
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Roth MKM analyst Craig Irwin maintains a Buy rating on Lion Electric but lowers the price target from $2.5 to $2.
The adjustment in price target by Roth MKM reflects a revised valuation perspective on Lion Electric, potentially due to market conditions or company performance. Maintaining a Buy rating indicates a positive outlook on the company's future, but the lowered price target suggests a tempered expectation for stock price growth in the short term.
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IMPORTANCE 75
RELEVANCE 100