QuantumScape price target raised to $8 from $5 at Baird
The Fly

QuantumScape price target raised to $8 from $5 at Baird

Baird raised the firm’s price target on QuantumScape to $8 from $5 and keeps a Neutral rating on the shares. The firm noted they announced that its current President, Dr. Siva Sivaram, will be appointed as successor to Jagdeep Singh as CEO. Sivaram brings extensive experience with ramping production of novel technologies, which they believe will be instrumental to reaching commercial scale production.

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