Form 8-K Workhorse Group Inc. For: May 10

Go back to Form 8-K Workhorse Group Inc. For: May 10

Workhorse Group (WKHS) PT Lowered to $20 at BTIG

May 10, 2021 1:25 PM EDT

BTIG analyst Gregory Lewis lowered the price target on Workhorse Group (NASDAQ: WKHS) to $20.00 (from $24.00) while maintaining a Buy rating.

The analyst commented, "WKHS traded down sharply (down ~10%) at the market open owing to Q1 revenues of $0.5M (Consensus $2.3M and BTIG $1.2M) with just 6 vehicles delivered... More