Cantor Fitzgerald Reiterates Overweight on Polestar Automotive, Maintains $3 Price Target
Portfolio Pulse from Benzinga Newsdesk
Cantor Fitzgerald analyst Andres Sheppard has reiterated an Overweight rating on Polestar Automotive (NASDAQ:PSNY) and maintained a $3 price target.
September 03, 2024 | 5:00 pm
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Cantor Fitzgerald has reiterated its Overweight rating on Polestar Automotive, maintaining a $3 price target. This suggests confidence in the company's potential for growth.
The reiteration of an Overweight rating and maintenance of a $3 price target by a reputable analyst suggests a positive outlook for Polestar Automotive. This could lead to increased investor confidence and potentially a short-term price increase.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100