DA Davidson Maintains Neutral on Nikola, Maintains $1 Price Target
Portfolio Pulse from Benzinga Newsdesk
DA Davidson analyst Michael Shlisky maintains a Neutral rating on Nikola (NASDAQ:NKLA) with a $1 price target.
June 12, 2024 | 1:58 pm
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NEUTRAL IMPACT
DA Davidson analyst Michael Shlisky maintains a Neutral rating on Nikola with a $1 price target, indicating limited upside potential.
The Neutral rating and low price target of $1 suggest that the analyst does not foresee significant short-term gains for Nikola. This could lead to a neutral or slightly negative sentiment among investors.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100