Lion Electric (LEV) Tops Q2 EPS by 2c

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Lion Electric (LEV) PT Lowered to $0.50 at Canaccord Genuity

July 31, 2024 3:38 PM EDT

Canaccord Genuity analyst George Giankarikas lowered the price target on Lion Electric (NYSE: LEV) to $0.50 (from $1.00) while maintaining a Hold rating.

The analyst comments "Lions 2Q24 results were negatively affected by a slowdown in EPA awards, continued ZETF subsidy delays/challenges, and... More