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H.C. Wainwright Sticks to Its Buy Rating for Canoo (GOEV)
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H.C. Wainwright Sticks to Its Buy Rating for Canoo (GOEV)

H.C. Wainwright analyst Amit Dayal maintained a Buy rating on Canoo (GOEVResearch Report) today and set a price target of $10.00. The company’s shares closed yesterday at $0.51.

According to TipRanks, Dayal is a 5-star analyst with an average return of 32.3% and a 38.32% success rate. Dayal covers the Energy sector, focusing on stocks such as Vertex Energy, Orion Energy Systems, and Plug Power.

Canoo has an analyst consensus of Strong Buy, with a price target consensus of $4.50.

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The company has a one-year high of $4.23 and a one-year low of $0.41. Currently, Canoo has an average volume of 34.32M.

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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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