Northland Securities analyst Subash Chandra maintained a Buy rating on Lightning eMotors (ZEV) yesterday and set a price target of $15.00. The company’s shares closed last Monday at $7.25, close to its 52-week low of $5.84.
According to TipRanks.com, Chandra is a 3-star analyst with an average return of 3.4% and a 48.2% success rate. Chandra covers the Utilities sector, focusing on stocks such as Continental Resources, Southwestern Energy, and Magnolia Oil & Gas.
Currently, the analyst consensus on Lightning eMotors is a Strong Buy with an average price target of $15.50.
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