Craig-Hallum Maintains Buy on Electrovaya, Lowers Price Target to $6
Portfolio Pulse from Benzinga Newsdesk
Craig-Hallum analyst Eric Stine maintains a Buy rating on Electrovaya (NASDAQ:ELVA) but lowers the price target from $9 to $6.
August 14, 2024 | 12:53 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Craig-Hallum analyst Eric Stine maintains a Buy rating on Electrovaya but lowers the price target from $9 to $6.
The lowered price target from $9 to $6 suggests a less optimistic outlook for Electrovaya's stock performance, which could lead to a short-term negative impact on the stock price despite the maintained Buy rating.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100