QuantumScape (QS) Redeems all Public Warrants
- S&P 500 ends higher as markets weigh rising yields, upbeat corporate results
- Meta Platforms reports softer Q2 revenue guidance on plans to boost spending on AI
- IBM (IBM) announces mixed Q1 results, HashiCorp acquisition; shares down
- Equities mixed as investors eye earnings; yen on intervention watch
- ServiceNow (NOW) stock falls as refreshed subscription outlook trails estimates
- Fisker (FSR) Appoints Michael Healy as Chief Restructuring Officer
- Seagate Technology (STX) Enters $600M Asset Purchase Agreement with Avago
- Meta Platforms (META) Tops Q1 EPS by 39c, Offers Guidance
- Hasbro (HAS) brand strength sees earnings top expectations
- IBM (IBM) announces mixed Q1 results, HashiCorp acquisition; shares down
- After-hours movers: Meta, Ford, IBM, ServiceNow and more
- Midday movers: Tesla, Boeing rise; Uber, Old Dominion Freight fall
- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
- Midday movers: PepsiCo, JetBlue fall; GM, Danaher and UPS rise
- After-hours movers: Cadence Design Systems, Cleveland-Cliffs, Riot Platforms, and more
QuantumScape (QS) Given Lackluster Rating at JP Morgan, But Analyst Still Sees Nearly 50% Upside
July 21, 2021 11:43 AM EDTJP Morgan announced on Wednesday that they initiated coverage on QuantumScape (NYSE: QS), a solid-state lithium-ion battery development company backed by Volkswagen Group. Analyst, Jose Asumendi, gave the company a Neutral rating and a $35 price target.
The rating reflects "risks associated with successfully developing a commercially viable solid-state battery cell against the upside of... More
UPDATE: JPMorgan Starts QuantumScape (QS) at Neutral
July 21, 2021 3:27 AM EDT(Updated - July 21, 2021 4:27 AM EDT)
JPMorgan analyst Jose Asumendi initiates coverage on QuantumScape (NYSE: QS) with a Neutral rating and a price target of $35.00.
The analyst comments "QuantumScape (backed by VW Group) is developing solid-state battery prototypes for the... More