Fisker Expects to Ramp Deliveries to 300 Vehicles Per Day; Company Has Manufactured 5,000 Fisker Ocean All-electric SUVs
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Fisker (FSR) soars as company announces expanded deliveries
September 26, 2023 10:25 AM EDTShares of Fisker Inc. (NYSE: FSR) soared as much as 14% in early trading Tuesday morning after the electric automaker announced that it expects to ramp deliveries of the Ocean to 300 vehicle per day. As of September 26, 2023, the electric vehicle manufacturer has successfully produced... More
Bank of America restarts Fisker (FSR) at Buy
September 26, 2023 9:16 AM EDTBank of America (BoA) reinstated coverage of Fisker Inc. (NYSE: FSR) with a Buy rating and set a 12-month price target of $8.00 on the automotive stock. According to analyst John Babcock, Fisker is poised for robust growth, driven by significant trends within the automotive industry and the recovery of the global auto sector. Nonetheless, the competitive landscape is intense, and the ability of companies like Fisker to maintain their technological superiority and offer compelling products will be pivotal for their... More
