QuantumScape Shares Are Up. This Analyst Says It’s Time to Take Profits.

Finance Dec 30, 2024 9 Add to Reading List

This transcript is for your personal, non-commercial usage only. To bid presentation-ready copies for organisation to your colleagues, clients oregon customers sojourn http://www.djreprints.com.

https://www.barrons.com/articles/quantumscape-shares-are-up-analyst-take-profits-51637080094

Nov. 16, 2021 11:28 americium ET

Order Reprints
Print Article

Stock successful electrical conveyance artillery exertion pioneer QuantumScape is up — a lot. But Quantum’s exertion is inactive caller and faces a batch of competition. That operation makes it a bully clip to instrumentality immoderate profits, according to Morgan Stanley.

Monday evening, expert Adam Jonas downgraded QuantumScape (ticker: QS) to the equivalent of Hold from Buy. His terms people dropped each the mode to $40 from $70 a share.

The...

Click Here to Visit