Morgan Stanley Initiates Coverage On Microvast Holdings with Underweight Rating, Announces Price Target of $6
Morgan Stanley initiates coverage on Microvast Holdings (NASDAQ:MVST) with a Underweight rating and announces Price Target of $6.
What’s Going On With Microvast Stock?
Microvast Holdings, Inc (NASDAQ: MVST) shares slipped almost 6% in the after-hours trading on Tuesday.
What’s Moving? Microvast is a company that specializes in Lithium-ion batteries for commercial electric vehicles.
Microvast May Be Turning Around After News
Microvast Holdings Inc. (NASDAQ: MVST) shares are trading higher Friday likely on continued momentum after the company announced it will form a partnership with eVersum. Together, the companies will develop state-of-the-art battery solutions for electric vehicles.
Microvast Holdings Reports Partnership With eVersum To Jointly Drive Urban Commercial Vehicle Electrification
Top-notch battery solutions for eVersum next-gen electric commercial vehicle
Potential supply volume estimated to be in excess of EUR 100 million over six years
HOUSTON & GRAZ, Austria--(BUSINESS WIRE)--