HC Wainwright & Co. Reiterates Buy on REE Automotive, Maintains $15 Price Target
Portfolio Pulse from Benzinga Newsdesk
HC Wainwright & Co. has reiterated its Buy rating on REE Automotive (NASDAQ:REE) and maintained a price target of $15.
May 31, 2024 | 10:51 am
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HC Wainwright & Co. has reiterated its Buy rating on REE Automotive and maintained a price target of $15, indicating continued confidence in the company's future performance.
The reiteration of a Buy rating and maintenance of a $15 price target by HC Wainwright & Co. suggests strong confidence in REE Automotive's future performance. This positive analyst rating is likely to boost investor sentiment and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100