Canoo's (GOEV) management identified substantial doubt about ability to continue as a going concern

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Go back to Canoo's (GOEV) management identified substantial doubt about ability to continue as a going concern

Canoo (GOEV) PT Lowered to $4 at Roth/MKM

April 2, 2024 8:17 AM EDT

Roth/MKM analyst Craig Irwin lowered the price target on Canoo (NASDAQ: GOEV) to $4.00 (from $5.75) while maintaining a Neutral rating.

The analyst comments "Canoo achieved positive commercial progress in 2023, completing 22 vehicles, or 17 in 4Q23, where 12 were delivered to customers and 10 units kept... More