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R.F. Lafferty Upgrades Lordstown Motors (RIDE) to Hold

November 12, 2021 11:25 AM EST
Get Alerts RIDE Hot Sheet
Price: $2.01 +6.91%

Rating Summary:
    0 Buy, 3 Hold, 6 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 11 | Down: 19 | New: 10
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R.F. Lafferty analyst Jaime Perez upgraded Lordstown Motors (NASDAQ: RIDE) from Sell to Hold with a price target of $7.00 (from $4.00).

"The upgrade reflects the likelihood the Endurance EV will get to production under their new outsourcing model with Foxconn," the analyst said.

For an analyst ratings summary and ratings history on Lordstown Motors click here. For more ratings news on Lordstown Motors click here.

Shares of Lordstown Motors closed at $6.89 yesterday.

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