Canoo Inc. Announces Second Quarter 2024 Results

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Canoo (GOEV) PT Lowered to $1.50 at Roth/MKM

August 15, 2024 1:45 PM EDT

Roth/MKM analyst Craig Irwin lowered the price target on Canoo (NASDAQ: GOEV) to $1.50 (from $3.00) while maintaining a Neutral rating.

The analyst comments "Canoo reported 2Q24 progress with tight cost controls and substantial supplier engagement preparing for a late 2024 start of commercial production.... More