UPDATE: Goldman Sachs Downgrades Lordstown Motors (RIDE) to Neutral

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UPDATE: BofA Securities Starts Lordstown Motors (RIDE) at Neutral

April 20, 2021 6:02 AM EDT

(Updated - April 20, 2021 7:04 AM EDT)

BofA Securities analyst John Murphy initiates coverage on Lordstown Motors (NASDAQ: RIDE) with a Neutral rating and a price target of $13.00.

The analyst comments "RIDEs major competitive advantage versus start-up EV automakers is support from GM, specifically a... More