Nikola (NKLA) Tops Q4 EPS by 2c, Misses on Revenue, Delivers 35 Hydrogen Trucks

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Go back to Nikola (NKLA) Tops Q4 EPS by 2c, Misses on Revenue, Delivers 35 Hydrogen Trucks

Nikola Corp. (NKLA) PT Lowered to $1.50 at Deutsche Bank, Lowers Delivery Expectations by Roughly 27%

February 23, 2024 8:50 AM EST

Deutsche Bank analyst Emmanuel Rosner lowered the price target on Nikola Corp. (NASDAQ: NKLA) to $1.50 (from $2.00) while maintaining a Hold rating.

The analyst comments "Looking ahead to 2025, we lower our delivery expectation to 1.1k units, down from 1.5k, and cut our gross... More