Craig-Hallum analyst Richard Shannon lowered the firm’s price target on Aeva Technologies to $7 from $10 and keeps a Buy rating on the shares. While the firm has viewed Aeva as an earlier stage lidar company compared to is public lidar peers, Craig-Hallum’s viewpoint is beginning to change as is award with Daimler is on track and they have entered the final RFQ round with a top 10 global passenger OEM.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AEVA: