Fisker Inc FSR shares are trading higher by 6.25% at $19.20 Wednesday morning after RBC Capital initiated coverage on the stock with an Outperform rating and announced a $27 price target.
Fisker CEO Henrik Fisker last week tweeted, "On time! ; in a sea of delays from others, The Ocean remains on time, for November 17th 2022 start of production & 1st deliveries in November 2022."
Fisker engages in the provision of e-mobility solutions. It develops and manufactures eco-friendly electrically powered vehicles. The company was founded by Henrik Fisker and Geeta Gupta-Fisker in 2016 is headquartered in Manhattan Beach, California.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
