Deutsche Bank Reinstates Hold on QuantumScape, Announces $6 Price Target
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank analyst Winnie Dong has reinstated a Hold rating on QuantumScape (NYSE:QS) and set a price target of $6.
September 10, 2024 | 11:58 am
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Deutsche Bank has reinstated a Hold rating on QuantumScape with a $6 price target, indicating a cautious outlook.
The Hold rating and $6 price target suggest that Deutsche Bank sees limited upside in QuantumScape's stock in the short term. This may lead to neutral market reactions as the rating does not indicate a strong buy or sell signal.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100