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Fisker (NYSE:FSR) to Showcase Its Ocean SUV in Paris and Oslo Next Month
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Fisker (NYSE:FSR) to Showcase Its Ocean SUV in Paris and Oslo Next Month

EV maker Fisker (NYSE:FSR) has announced it will use 95 prototypes of Fisker Ocean from its partner Magna Steyr for testing, training service workers, and showcasing the SUV in nine launch markets.

The Chairman and CEO of Fisker, Henrik Fisker remarked, “This phase of assembly marks the onset of improvement and refinement for the start of production and through ramp-up.”

Further, the company is also boosting its retail network and has more than 60,000 reservations and orders for the vehicles.

The company is expected to showcase the Fisker Ocean at the Paris International Motor Show and the Oslo Motor Show next month.

What is FSR Target Price?

Overall, Wall Street has a Moderate Buy consensus rating on Fisker stock alongside an average price target of $13.50.

This still implies a 66.67% potential upside for FSR stock.

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