Janney initiates coverage of Microvast Holdings at 'buy' with a price target of $8.00

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Janney initiates coverage of Microvast Holdings at 'buy' with a price target of $8.00

An analyst from Janney initiated coverage of Microvast Holdings (NASDAQ: MVST ) at 'buy' with a price target of $8.00.

Prior to this rating, Microvast Holdings had 2 buy ratings, 0 hold ratings, and 0 sell ratings.

For consensus analyst estimates and price targets on Microvast Holdings, click here. For more news on Microvast Holdings, click here.

Microvast Holdings's stock price closed at $1.81. They are down -32.08% in the last month and down -24.74% in the last 12 months.

According to Investing Pro, Microvast Holdings's fair value is $1.75, a downside of 3.38%. Microvast Holdings's fair value comes with a medium degree of uncertainty, according to InvestingPro.

Check out Microvast Holdings's recent earnings performance and financials here.

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