QuantumScape Reports Third Quarter 2024 Business and Financial Results

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Truist Securities Reiterates Hold Rating on QuantumScape (QS)

October 24, 2024 10:31 AM EDT

Truist Securities analyst Jordan Levy reiterated a Hold rating and $6.00 price target on QuantumScape (NYSE: QS)

The analyst comments "QS reported largely in-line 3Q results (slightly better EBITDA/higher opex vs. Street), and importantly announced initial production and customer shipments of the first QSE-5... More