Bernstein Maintains Underperform on Polestar Automotive, Raises Price Target to $0.78
Portfolio Pulse from Benzinga Newsdesk
Bernstein analyst Daniel Roeska maintains an Underperform rating on Polestar Automotive (NASDAQ:PSNY) but raises the price target slightly from $0.74 to $0.78.
August 30, 2024 | 5:00 pm
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Bernstein's analyst Daniel Roeska maintains an Underperform rating on Polestar Automotive, indicating a cautious outlook. However, the price target is slightly increased from $0.74 to $0.78, suggesting a minor positive adjustment in expectations.
The Underperform rating suggests a negative outlook, but the slight increase in the price target indicates a minor positive adjustment in expectations. This mixed signal results in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100