Nikola posts smaller-than-expected loss on robust truck demand

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Go back to Nikola posts smaller-than-expected loss on robust truck demand

Nikola Corp. (NKLA) PT Lowered to $10 at DA Davidson

August 12, 2024 4:03 PM EDT

DA Davidson analyst Michael Shlisky lowered the price target on Nikola Corp. (NASDAQ: NKLA) to $10.00 (from $12.00) while maintaining a Neutral rating.

The analyst comments "We are maintaining our NEUTRAL rating on NKLA, with a new price target of $10 (from $12) following 2Q:24 earnings. The... More