In a report released today, Amit Dayal from H.C. Wainwright maintained a Buy rating on Canoo (GOEV – Research Report), with a price target of $10.00. The company’s shares closed yesterday at $0.60.
According to TipRanks, Dayal is a top 100 analyst with an average return of 36.1% and a 37.47% success rate. Dayal covers the Industrial Goods sector, focusing on stocks such as Broadwind Energy, Ballard Power Systems, and Ceco Environmental.
Currently, the analyst consensus on Canoo is a Moderate Buy with an average price target of $6.50.
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GOEV market cap is currently $286.5M and has a P/E ratio of -0.32.
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Hennessy Capital Acquisition Corp. IV operates as a blank check company. It has no operations nor does it currently engage in any business activities generating revenues. The company was founded in August 2018 and is headquartered in Wilson, WY.
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