- Workhorse Group (NASDAQ:WKHS) swings lower after Roth Capital says the USPS is pushing the highly-anticipated NGDV decision to the end of the year. The original timing of the decision was expected to be today.
- The delay is enough to prompt Roth to lower its rating on WKHS to Neutral from Buy and slice the price target to $27 from $33.
- Just last Friday, Roth expressed its confidence that Workhorse would win the Postal Service contract.
- This is very bearish!
Wkhs
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USPS不是都快破产了嘛,川总还不让给救助金,个人猜想这种合同可能八字都还没一撇?
-lanyin0314-
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10/19/2020 postreply
20:14:16