Workhorse Group Inc (WKHS) was Reiterated by Maxim Group to “Buy” according to the research note released today. The brokerage firm has raised the Price Target to $ 22 from a previous price target of $15 . Maxim Group advised their investors in a research report released on Sep 19, 2016.
Many Wall Street Analysts have commented on Workhorse Group Inc. Company shares were Reiterated by Maxim Group on Sep 19, 2016 to “Buy”, Firm has raised the Price Target to $ 22 from a previous price target of $15 .
In a different news, on Sep 14, 2016, H. Benjamin Samuels (director) purchased 143,500 shares at $5.28 per share price.
Workhorse Group Inc. formerly AMP Holding Inc. is a development-stage company. The Company designs develops manufactures and sells medium-duty trucks with powertrain components under the Workhorse chassis brand. Its products include trucks comprising Powertrain and Chassis. Powertrain includes E-GEN and AMP E-100. E-GEN is an electric drive that has a gasoline/propane or Compressed Natural Gas (CNG) engine that functions as an auxiliary generator. AMP E-100 is the second generation full electric power-train. Chassis include W88 W22 W42 and W62.The W88 chassis is designed to meet the needs of a range of customers. The W22 chassis is designed to meet the needs of the recreational vehicle market for weight ratings up to 26000 Gross Vehicle Weight (GVW). The W42 chassis is designed for the 12000 to 14500 GVW vehicle market. The W62 chassis is designed for the 19500 to 23500 GVW vehicle market.