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re: Is anyone following WorkHorse ( WKHS )?
Posted on 9/18/20 at 1:01 pm to AncientTiger
Posted on 9/18/20 at 1:01 pm to AncientTiger
LINK /
As per the details, Roth Capital analyst Craig Irwin raised the stock price target for Workhorse from $27 to $33 and retained an overall ‘Buy’ rating for the stock. According to Irwin, Lordstown's team "shared a compelling business plan that we believe supports credibility for the commercial outlook". Crucially, however, Irwin believes that Workhorse will be a “direct beneficiary” of Lordstown’s success. For the analyst, positives include the lower price of the Endurance electric pickup truck and the operational readiness of the manufacturing plant acquired from General Motors
As per the details, Roth Capital analyst Craig Irwin raised the stock price target for Workhorse from $27 to $33 and retained an overall ‘Buy’ rating for the stock. According to Irwin, Lordstown's team "shared a compelling business plan that we believe supports credibility for the commercial outlook". Crucially, however, Irwin believes that Workhorse will be a “direct beneficiary” of Lordstown’s success. For the analyst, positives include the lower price of the Endurance electric pickup truck and the operational readiness of the manufacturing plant acquired from General Motors
3
Posted on 9/18/20 at 1:43 pm to Ballstein32
The addition of Hitachi as a partner to assist with volume & the hiring of 200 employees tells me plans are in place for anticipated growth. Whether it’s USPS, Ryder, Amazon, Walmart whomever. WKHS will be a great stock for years to come.
Posted on 9/18/20 at 2:13 pm to Ballstein32
Considering Workhorse has some type of equity or royalty agreement in Lordstown, they def benefit from Lordstown working out
Posted on 9/18/20 at 4:44 pm to Ballstein32
" SELL THE RUMOR "
Here is the rumor.....we know the final RFP was July 14th. We know only 3 vendor's remain in contention. The 90 day contract window ends Oct 12th, September 30th is the end of 2020 fiscal year.
Monday September 21st Trump has a rally in Ohio. Monday September 21st the Annual WorkHorse Shareholders meeting takes place in Ohio. WorkHorse & LordsTown are based in Ohio....WKHS rallies today while F & OSK are down???
GL everyone.....75%-100% of contract could mean the difference in a 24' or 34' center console...lol
Here is the rumor.....we know the final RFP was July 14th. We know only 3 vendor's remain in contention. The 90 day contract window ends Oct 12th, September 30th is the end of 2020 fiscal year.
Monday September 21st Trump has a rally in Ohio. Monday September 21st the Annual WorkHorse Shareholders meeting takes place in Ohio. WorkHorse & LordsTown are based in Ohio....WKHS rallies today while F & OSK are down???
GL everyone.....75%-100% of contract could mean the difference in a 24' or 34' center console...lol
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