Sign in
Download Opera News App

Stock-investment

Nikola Stock Advances 19%, JPMorgan Reduces NKLA Price Target from $40 to $35

Nikola Stock Advances 19%, JPMorgan Reduces NKLA Price Target from $40 to $35

Photo: Nikola Corp The JPMorgan analyst lowered his price target for Nikola stock on execution risks related to a “tarnished brand.” On the 28th of December, Nikola Corporation (NASDAQ: NKLA) stock advanced over 19% despite bearish comments from analysts at JPMorgan Chase & Co (NYSE: JPM). Currently, Nikola is trading at $16.77 in the pre-market. The current trading price is a 2.2% loss...

Read Full Story
JPMorgan NKLA NYSE Nikola Nikola Corp Paul Coster