Xos, Inc. Reports Second Quarter 2023 Results

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DA Davidson Downgrades XOS Inc. (XOS) to Neutral on 'Going-Concern' Concerns

August 14, 2023 8:26 AM EDT

DA Davidson analyst Michael Shlisky downgraded XOS Inc. (NASDAQ: XOS) from Buy to Neutral with a price target of $1.00 (from $1.50).

The analyst comments "We are downgrading XOS to NEUTRAL (from Buy), with a new price target of $1.00 (from $1.50) following 2Q:23... More