J.P. Morgan downgrades Hyzon Motors (HYZN) to a Sell

Hyzon Motors (HYZNResearch Report) received a Sell rating and price target from J.P. Morgan analyst Bill Peterson yesterday. The company’s shares closed yesterday at $2.34.

According to TipRanks, Peterson is a 4-star analyst with an average return of 14.2% and a 58.18% success rate. Peterson covers the Technology sector, focusing on stocks such as Plug Power, Joby Aviation, and Archer Aviation.

Currently, the analyst consensus on Hyzon Motors is a Hold with an average price target of $4.31.

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The company has a one-year high of $11.37 and a one-year low of $2.14. Currently, Hyzon Motors has an average volume of 2.35M.

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