Fisker (FSR) option IV at high end of range into quarter results and outlook

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Go back to Fisker (FSR) option IV at high end of range into quarter results and outlook

Morgan Stanley Downgrades Fisker (FSR) to Equalweight

August 5, 2022 5:43 AM EDT

Morgan Stanley analyst Adam Jonas downgraded Fisker (NYSE: FSR) from Overweight to Equalweight with a price target of $10.00 (from $15.00).

The analyst comments "We covered largely in-line results and a reiterated start of production (SOP) and cash burn guide in our reaction note. In this note we update our earnings forecasts and price target to reflect the need for... More