UPDATE: Lordstown Motors (RIDE) Misses Q1 EPS by 44c, Offers Outlook, To Seek Additional Capital
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R.F. Lafferty Downgrades Lordstown Motors (RIDE) to Hold
May 25, 2021 10:17 AM EDTR.F. Lafferty analyst Jaime Perez downgraded Lordstown Motors (NASDAQ: RIDE) from Buy to Hold with a price target of $9.00 (from $35.00).
The analyst commented, "The decline in price target reflects our lower revenue estimates for 2021 and 2022, which assumes that ramping up... More
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
