Craig-Hallum Maintains Buy on Aeva Technologies, Lowers Price Target to $5
Portfolio Pulse from Benzinga Newsdesk
Craig-Hallum analyst Richard Shannon maintains a Buy rating on Aeva Technologies (NYSE:AEVA) but lowers the price target from $7 to $5.
August 08, 2024 | 4:01 pm
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NEUTRAL IMPACT
Craig-Hallum analyst Richard Shannon maintains a Buy rating on Aeva Technologies but lowers the price target from $7 to $5.
The maintained Buy rating suggests continued confidence in Aeva Technologies' long-term prospects. However, the lowered price target indicates some short-term concerns or adjustments in valuation, leading to a neutral short-term impact.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100