Baird Maintains Outperform on Nikola, Lowers Price Target to $10
Portfolio Pulse from Benzinga Newsdesk
Baird analyst Ben Kallo maintains an Outperform rating on Nikola (NASDAQ:NKLA) but lowers the price target from $14 to $10.
November 01, 2024 | 11:49 am
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Baird analyst Ben Kallo continues to see potential in Nikola, maintaining an Outperform rating, but has adjusted the price target down to $10 from $14.
The Outperform rating suggests continued confidence in Nikola's potential, but the lowered price target indicates tempered expectations. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100