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Friday, 01/31/2020 3:14:13 AM

Friday, January 31, 2020 3:14:13 AM

Post# of 7947
BTIG recommends WKHS $6PT


Workhorse +8.7% as BTIG starts at Buy
Jan. 30, 2020 6:24 PM ET|About: Workhorse Group Inc. (WKHS)|By: Jason Aycock, SA News Editor
Workhorse Group (NASDAQ:WKHS) is up 8.7% on heavy postmarket volume after BTIG opened with a Buy rating on the stock.
It's set a price target at $6, implying 117% upside from today's close.
That's due mainly to benefits from an ongoing shift to electric vehicles, with the company moving toward "solidifying its position as a leading U.S. commercial EV original equipment manufacturer."
It's the only domestic finalist for the USPS Next-Generation Delivery Vehicle program offering an EV solution, it notes.
Recently Seeking Alpha authors have been Bearish on the stock; it has a Quant Rating of Neutral.
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  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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