Lordstown Motors Reports First Quarter 2021 Financial Results
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Lordstown Motors (RIDE) PT Lowered to $20 at BTIG
May 25, 2021 5:32 AM EDTBTIG analyst Gregory Lewis lowered the price target on Lordstown Motors (NASDAQ: RIDE) to $20.00 (from $40.00) while maintaining a Buy rating.
The analyst comments "RIDE announced 1Q21 earnings post-market close, and the stock quickly traded down 9%-10% in after-hours trading. First, the good: As a pre-production company, the focus remains on... More
