In a report released today, Jaime Perez from R.F. Lafferty maintained a Buy rating on Canoo (GOEV – Research Report), with a price target of $2.00. The company’s shares closed yesterday at $0.48.
Perez covers the Technology sector, focusing on stocks such as Canoo, Arbe Robotics, and Luminar Technologies. According to TipRanks, Perez has an average return of -17.1% and a 26.83% success rate on recommended stocks.
Currently, the analyst consensus on Canoo is a Strong Buy with an average price target of $4.50, implying an 829.18% upside from current levels. In a report released yesterday, H.C. Wainwright also maintained a Buy rating on the stock with a $10.00 price target.
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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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