XL Fleet (XL) Tops Q4 EPS by 3c, Revenue Beats

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XL Fleet Corp. (XL) PT Lowered to $10 at Canaccord Genuity; Keeps 'Buy' on Stock Collapse

April 1, 2021 8:52 AM EDT

Canaccord Genuity analyst Jed Dorsheimer lowered the price target on XL Fleet Corp. (NYSE: XL) to $10.00 (from $30.00) while maintaining a Buy rating.

The analyst commented, "Ordinarily, we would move to a Hold rating; but, given the collapse of the stock and... More