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UPDATE: RBC Capital Starts Fisker (FSR) at Outperform

June 8, 2021 4:08 PM EDT
Get Alerts FSR Hot Sheet
Price: $19.77 -7.57%

Rating Summary:
    8 Buy, 4 Hold, 1 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 13 | Down: 7 | New: 14
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(Updated - June 8, 2021 4:11 PM EDT)

RBC Capital analyst Joseph Spak initiates coverage on Fisker (NYSE: FSR) with an Outperform rating and a price target of $27.00.

The analyst commented, "A differentiated business model that takes a clean sheet BEV approach and leverages well-regarded manufacturing partners to become an asset-light, lean cost structure auto company and hasten FSR's product speed to market. We see attractive risk/reward profile."

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 $17.40 yesterday.

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