Lightning eMotors ( NYSE:ZEV – Get Rating ) had its target price decreased by DA Davidson from $4.00 to $1.50 in a research note published on Wednesday morning, The Fly reports. Several other brokerages also recently commented on ZEV. Benchmark reiterated a buy rating and set a $2.00 price target on shares of Lightning eMotors in a report on Tuesday. Northland Securities lowered their price objective on shares of Lightning eMotors from $2.50 to $1.50 in a research note on Tuesday. Finally, Oppenheimer downgraded shares of Lightning eMotors from an outperform rating to a market perform rating in a research note on Monday.

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