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Call to ‘Sell Fisker, Lucid and Buy Rivian, Tesla,’ as EV Upheaval Looms

Por: MarketWatch Business January 25, 2023

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The ones he doesn’t like and recommends investors avoid are (FSR) and (LCID) shares. Wednesday, Jonas downgraded stock to Sell from Hold. He slashed his price target to $4 a share from $8. Jonas also cut his price target in half—to $5 from $10 a share. He maintained his Sell rating on Lucid shares. Fisker stock is down 6% in premarket trading. Lucid shares are down 2%. and futures are down 0.7% and 0.5%, respectively. Jonas still recommends... + full article



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