Nikola soars 16% after JPMorgan says it sees 'less drama-filled' year ahead for EV company
Nikola soars 16% after JPMorgan says it sees less drama-filled year ahead for EV company Matthew FoxDec 29, 2020, 02:51 IST Nikola founder and executive chairman Trevor Milton.Massimo Pinca/Reuters Nikola soared as much as 16% on Monday after JPMorgan said in a note that it sees 2021 being a "less drama-filled" year that will "turn generally positive" for the EV company. JPMorgan reiterated its Overweight rating on Nikola and lowered its price target to $35 from $40, representing potential upsi...
Source: businessinsider.in