In a report released today, Amit Dayal from H.C. Wainwright maintained a Buy rating on Canoo (GOEV - Research Report), with a price target of $10.00. The company's shares closed yesterday at $3.41.According to TipRanks, Dayal is a top 25 analyst with an average return of 49.3% and a 44.35% success rate. Dayal covers the Industrial Goods sector, focusing on stocks such as Ceco Environmental, Orion Energy Systems, and Renesola.Canoo has an analyst consensus of Moderate Buy, with a price target consensus of $9.50, implying a 178.59% upside from current levels. In a report released yesterday, R.F. Lafferty also maintained a Buy rating on the stock with a $15.
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Canoo (NASDAQ:GOEV)
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