Nikola's stock rises as electric-truck producer gets an outperform rating
Nikola(NKLA) Market Watch·2024-01-25 00:21
Nikola Corp. drew fresh analyst coverage on Wednesday as Baird Equity Research initiated the electric-truck maker with an outperform rating, as the stock moved up. Nikola NKLA, +8.80% stock was gaining 9% after Baird analyst Ben Kallo set a price target of $2 a share for the company in a research note entitled, “When the going gets tough, the tough get going.”Nikola’s leadership, which took over in August when former General Motors Co. GM, -0.14% executive Steve Girsky became chief executive, marks a positi ...