Why Electric-Truck Maker Workhorse Group's Stock Is Up Today

Shares of electric commercial-vehicle maker Workhorse Group (NASDAQ: WKHS) were moving higher on Friday, after a Wall Street analyst issued a bullish note and raised his price target for the company's shares.

As of 1 p.m. EDT, Workhorse's shares were up about 9.2% from Thursday's closing price. 

In a note on Friday morning, BTIG analyst Gregory Lewis raised his price target on Workhorse's shares to $10 from $6 and reiterated his buy rating on the stock. 

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Source Fool.com