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Roth Capital Downgrades Workhorse Group (WKHS) to Neutral on Weak Traction

August 9, 2022 12:05 PM EDT

Roth Capital analyst Craig Irwin downgraded Workhorse Group (NASDAQ: WKHS) from Buy to Neutral with a price target of $3.50 (from $7.00).

The analyst comments "Workhorse posted weak 2Q22 results and mgmt cut guidance with a laundry list of reasons for the weaker... More