Positive Report for Hyzon Motors (HYZN) from J.P. Morgan

Hyzon Motors (HYZNResearch Report) received a Buy rating and price target from J.P. Morgan analyst Bill Peterson yesterday. The company’s shares closed last Friday at $1.99.

Peterson covers the Technology sector, focusing on stocks such as Plug Power, Joby Aviation, and Archer Aviation. According to TipRanks, Peterson has an average return of 4.1% and a 50.00% success rate on recommended stocks.

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

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HYZN market cap is currently $493.3M and has a P/E ratio of -6.39.

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