Deutsche Bank Reinstates Hold on Polestar Automotive, Announces $1.5 Price Target
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank analyst Edison Yu has reinstated a Hold rating on Polestar Automotive (NASDAQ:PSNY) and set a price target of $1.5.
September 10, 2024 | 12:20 pm
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Deutsche Bank has reinstated a Hold rating on Polestar Automotive with a price target of $1.5, indicating a cautious outlook.
The Hold rating suggests that Deutsche Bank does not foresee significant upside or downside in the short term for Polestar Automotive. The $1.5 price target indicates a cautious stance, which may lead to neutral market reactions.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100