SPAC Ratings, Price Targets And News | $QS $RIDE $XL $VLDR $FSR | SPACs Attack

Benzinga
•April 2nd, 2021
DESCRIPTION
In this clip, Chris Katje takes a thorough look at various news reports from the SPAC world, including price targets and ratings. Starting with $CLVT (CLARIVATE), an information service and analytics company is getting a $30 price target, top-performing SPAC of 2020. $PLBY (Playboy) went public via a SPAC earlier this year and being linked as an NFT play; $28 price target. $FSR (Fisker) is getting an equal weight $17 price target from Barclays; long-term play. $SBG (Sandbridge Acquisition) is merging with Owlet & appoints former Livongo CEO Zane Burke to the board of directors. $RIDE (Lordstown Motors) unveiled two beta endurance trucks, and the company said it is on track to produce the rest of the 57 Beta trucks, beginning production in September. $QS (QuantumScape) shares are trading higher due to the company meeting a technical milestone required by Volks wagon Group for the investment of an additional $100 million. $VLDR (Velodyne Lidar) is moving higher in valuation due to the announcement of a multi-year agreement with AGM Systems LLC. $THBR (Thunder Bridge Acquisition) is merging with Indie Semiconductor; the stock price was trading higher after the report. $XL (XL Fleet) reported earnings: Q4 EPS $(0.06) Beats $(0.09), estimate, sales $10.9M miss $12.1M estimate & sees Q1 sales at 1M.
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