Piper Sandler Maintains Neutral on Polestar Automotive, Lowers Price Target to $1.5
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Alexander Potter maintains a Neutral rating on Polestar Automotive (NASDAQ:PSNY) and lowers the price target from $2 to $1.5.
September 04, 2024 | 2:42 pm
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Piper Sandler has maintained a Neutral rating on Polestar Automotive but has lowered the price target from $2 to $1.5, indicating a less optimistic outlook.
The lowering of the price target from $2 to $1.5 by Piper Sandler suggests a less favorable view of Polestar's short-term prospects, which could negatively impact the stock price.
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