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RE: Spartan Energy Acquisition Corp. / Fisker
| 11.11.2020, 14:20 (Dieser Beitrag wurde zuletzt bearbeitet: 11.11.2020, 14:21 von boersenkater.)
BARRON´S
Buy Fisker Stock Because the Price Could Double, Analyst Says
Last Updated: Nov. 9, 2020 at 2:17 p.m. ET
First Published: Nov. 9, 2020 at 10:02 a.m. ET
Electric-vehicle start-up Fisker got its first rating from Wall Street on Monday—a Buy from Cowen analyst Jeffrey Osborne—and the stock soared. He sees shares hitting $22, about double where they have been trading.
Osborne calls the company’s flagship product, the Ocean SUV, compelling. It is billed as the most-sustainable vehicle on the road, because it doesn’t use fossil fuel and it incorporates recycled materials into its design.
Fisker (ticker: FSR) has about 9,000 paid deposits and Osborne expects that to rise in 2021. “Fisker is building an experience center in L.A. in May, as well as adding influencers and celebrities to help build the brand,” Osborne wrote in his Monday report. “We anticipate this will drive deposit base higher in [2021] and serve as a catalyst for shares in the preproduction period.”
Osborne sees the company generating $556 million in sales in 2022—when the Ocean begins to arrive to customers—jumping to $3.2 billion in 2023. His $22 price target is 2 times estimated 2023 sales. Tesla (TSLA) stock, for comparison, trades for roughly 6 times estimated 2023 sales......
https://www.marketwatch.com/articles/buy..._headlines
Buy Fisker Stock Because the Price Could Double, Analyst Says
Last Updated: Nov. 9, 2020 at 2:17 p.m. ET
First Published: Nov. 9, 2020 at 10:02 a.m. ET
Electric-vehicle start-up Fisker got its first rating from Wall Street on Monday—a Buy from Cowen analyst Jeffrey Osborne—and the stock soared. He sees shares hitting $22, about double where they have been trading.
Osborne calls the company’s flagship product, the Ocean SUV, compelling. It is billed as the most-sustainable vehicle on the road, because it doesn’t use fossil fuel and it incorporates recycled materials into its design.
Fisker (ticker: FSR) has about 9,000 paid deposits and Osborne expects that to rise in 2021. “Fisker is building an experience center in L.A. in May, as well as adding influencers and celebrities to help build the brand,” Osborne wrote in his Monday report. “We anticipate this will drive deposit base higher in [2021] and serve as a catalyst for shares in the preproduction period.”
Osborne sees the company generating $556 million in sales in 2022—when the Ocean begins to arrive to customers—jumping to $3.2 billion in 2023. His $22 price target is 2 times estimated 2023 sales. Tesla (TSLA) stock, for comparison, trades for roughly 6 times estimated 2023 sales......
https://www.marketwatch.com/articles/buy..._headlines
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