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R.F. Lafferty Remains a Buy on Lion Electric Company (LEV)
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R.F. Lafferty Remains a Buy on Lion Electric Company (LEV)

In a report released today, Jaime Perez from R.F. Lafferty maintained a Buy rating on Lion Electric Company (LEVResearch Report), with a price target of $7.00. The company’s shares closed yesterday at $2.35.

According to TipRanks, Perez is an analyst with an average return of -15.3% and a 31.62% success rate. Perez covers the Technology sector, focusing on stocks such as Luminar Technologies, Canoo, and ChargePoint Holdings.

In addition to R.F. Lafferty, Lion Electric Company also received a Buy from D.A. Davidson’s Michael Shlisky in a report issued on July 24. However, today, BMO Capital maintained a Hold rating on Lion Electric Company (NYSE: LEV).

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LEV market cap is currently $525.7M and has a P/E ratio of 317.57.

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