Why Workhorse Group Stock Is Higher Today
Shares of electric delivery-van maker Workhorse Group (NASDAQ: WKHS) were trading higher on Monday, after a Wall Street analyst reiterated his buy rating and raised his price target for the stock. Separately, Workhorse announced that it has received approval to sell its vans as zero-emissions vehicles in California. In a note on Monday morning, Roth Capital analyst Craig Irwin reiterated his previous buy rating on Workhorse's shares and raised his price target for the stock to $27 from $12.