QuantumScape Corporation (QS): $42 price target: QuantumScape initiated...

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QuantumScape Corporation (QS)

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Friday, 02/05/2021 7:46:33 AM

Friday, February 05, 2021 7:46:33 AM

$42 price target: QuantumScape initiated with a Neutral at Goldman Sachs

Goldman Sachs analyst Mark Delaney initiated coverage of QuantumScape with a Neutral rating and $42 price target. The company has developed a battery cell in the lab that not only has a solid-state separator but is also manufactured without an anode, Delaney tells investors in a research note. While QuantumScape has "very significant engineering talent and promising test results from its cell," it has a "very long" time to market and a "stretched" valuation, says the analyst.

https://thefly.com/landingPageNews.php?id=3241616&headline=QS-QuantumScape-initiated-with-a-Neutral-at-Goldman-Sachs

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