Fisker (FSR) is up over 10% today after BofA reinstated coverage after a production ramp up. BofA has a buy rating and $8 price target on the stock. The BofA analyst notes that FSR has a lower risk business model than its peers and it has “pure-play exposure” to the E.V. market. Caroline Woods discusses this as FSR expects to ramp up deliveries to 300 vehicles per day. FSR is on track to hit its current delivery guidance for the year. Tune in to find out more about the stock market today.
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