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Should I Buy Workhorse Stock. The average price target is $23.33 (per tipranks). Bad news send shares plunging.
Workhorse has been a hype recently but too bad i entered the market when it was $20 something, and since it dropped down to 16.62 i'm wondering should i keep it and hope it hits $25 or sell all of them to minimize my lost. The consensus among wall street analysts is that investors should hold workhorse group stock. Here are three big reasons why that.
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The stock has a moderate buy consensus rating, based on 2 buys and 3 holds. Is wkhs stock a buy? Workhorse group holds several negative signals and is within a very wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. Use the zacks rank and style scores to find out is wkhs is right for your portfolio.