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Craig-Hallum Reaffirms Their Buy Rating on Aeva Technologies (AEVA)
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Craig-Hallum Reaffirms Their Buy Rating on Aeva Technologies (AEVA)

In a report released today, Richard Shannon from Craig-Hallum maintained a Buy rating on Aeva Technologies (AEVAResearch Report). The company’s shares opened today at $1.12.

Shannon covers the Technology sector, focusing on stocks such as Ouster, Ambarella, and POET Technologies. According to TipRanks, Shannon has an average return of 7.9% and a 46.30% success rate on recommended stocks.

Aeva Technologies has an analyst consensus of Moderate Buy, with a price target consensus of $1.73.

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Based on Aeva Technologies’ latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $1.15 million and a GAAP net loss of $35.17 million. In comparison, last year the company earned a revenue of $1.14 million and had a GAAP net loss of $33.16 million

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InterPrivate Acquisition Corp is a blank check company.

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