EV maker Fisker pushes into emission credit market to boost sagging business

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Wolfe cuts Fisker (FSR) to Underperform as EV industry continues to intensify

June 8, 2023 9:18 AM EDT

Wolfe Research downgraded Fisker (NYSE: FSR) to an Underperform rating (From Peer Perform) and set their 12-month price target on the stock at $6.00.

Analyst Shreyas Patil continues to view the electric automaker as the most speculative OEM within our coverage as the company attempts to build a brand within some of the most highly... More