Fisker (FSR) PT Raised to $24 at BofA Securities
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Price: $0.09 --0%
Rating Summary:
3 Buy, 9 Hold, 5 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 11 | Down: 12 | New: 13
Rating Summary:
3 Buy, 9 Hold, 5 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 11 | Down: 12 | New: 13
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BofA Securities analyst John Murphy raised the price target on Fisker (NYSE: FSR) to $24.00 (from $18.00) while maintaining a Neutral rating.
The analyst commented, "Our $24 PO for FSR is now based on 0.7x EV/Sales (prior ~0.4x) and ~7x EV/EBITDA (prior
~4x) on our 2025 estimates (also using a forward Balance Sheet)."
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