Hyzon Motors Inc (HYZN)

[BioChica]

Hyzon Motors initiated with a Neutral at Goldman Sachs Goldman Sachs analyst Jerry Revich initiated coverage of Hyzon Motors with a Neutral rating and $7 price target. By leveraging its fuel cell expertise and fuel cell energy density comparable to automotive industry leaders, Hyzon "has led the industry in commercializing hydrogen fuel trucks to date," Revich said. However, he believes the key constraint for the market will ultimately be the pace of hydrogen infrastructure build out and he would consider becoming more positive on the stock if hydrogen production costs declined significantly, Revich tells investors.

Read more at:
https://thefly.com/n.php?id=3389801

JP Morgan

Richard Collier