Needham Reiterates Rating on HYLN $HYLN
Key Points
- Needham now rates Hyliion Holdings Corp. ($HYLN) "buy" with a $9.00 target.
- The Street's average $HYLN price target is $7.00 (Buy).
- $HYLN last traded around $7.40.
Needham reiterated its rating on Hyliion Holdings Corp. ($HYLN) to a "buy" rating, with a price target of $9.00 in a recent research note.
Hyliion Holdings Corp. ($HYLN) Stock
Hyliion Holdings Corp. Earnings
Analysts Set New Price Targets
About Hyliion Holdings Corp.
Hyliion Holdings Corp. designs and develops power generators for stationary and mobile applications. Its primary product includes the KARNO Power Module, a fuel-agnostic power generating solution, which enables distributed power generation using conventional fuels, such as natural gas, propane or diesel; waste fuels, such as landfill and wellhead gas; zero carbon fuels, such as renewable hydrogen and ammonia. Hyliion Holdings Corp. was founded in 2015 and is headquartered in Cedar Park, Texas.
See Also
This instant news alert was generated by automated narrative technology and financial data from Trueearnings and public regulatory filings. It is for informational purposes only and is not financial advice.