UPDATE: Credit Suisse Starts Fisker (FSR) at Outperform

November 9, 2021 4:04 AM EST
Get Alerts FSR Hot Sheet
Price: $8.11 +3.58%

Rating Summary:
    7 Buy, 7 Hold, 2 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 10 | Down: 31 | New: 13
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(Updated - November 9, 2021 4:56 AM EST)

Credit Suisse analyst Dan Levy initiates coverage on Fisker (NYSE: FSR) with a Outperform rating and a price target of $32.00.

The analyst comments "With electric vehicle (EV) uptake sharply inflecting and the market lacking sufficient model options, Fisker offers a compelling value proposition – sleek product at a high-volume price point. Leveraging a de-risked business strategy, Fisker can accelerate development speed and path to scaled production while also unlocking lower price points."

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

Shares of Fisker closed at $19.08 yesterday.

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