Wells Fargo initiated coverage on REE Automotive with a new price target
$REE
Auto Manufacturing
Consumer Discretionary
Wells Fargo initiated coverage of REE Automotive with a rating of Underweight and set a new price target of $1.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 5/17/2024 | $14.00 | Buy | ROTH MKM |
| 12/1/2023 | $4.00 → $4.00 | Neutral → Underweight | Cantor Fitzgerald |
| 11/17/2022 | Buy → Neutral | BTIG Research | |
| 3/25/2022 | $1.00 | Underweight | Wells Fargo |
| 1/14/2022 | $9.00 | Overweight | Cantor Fitzgerald |
| 9/14/2021 | $5.00 | Underweight | Morgan Stanley |
| 8/18/2021 | $20.00 | Buy | BTIG |
TEL AVIV, Israel, Nov. 14, 2024 (GLOBE NEWSWIRE) -- REE Automotive Ltd. (NASDAQ:REE) ("REE" or the "Company"), an automotive technology company and provider of full by-wire electric trucks and platforms, today announced the appointment of Rajesh Goel, president at Motherson Group ("Motherson"), to its board of directors and announced the return of Hai Aviv as Chief Financial Officer (CFO) to lead REE's North American expansion. Both appointments take effect on November 15, 2024. Motherson Group is strengthening its commitment to REE, with the appointment of Rajesh Goel to the Board of Directors. Rajesh's extensive automotive background, including his current leadership role at Mothers
TEL AVIV, Israel, Sept. 11, 2023 (GLOBE NEWSWIRE) -- REE Automotive Ltd. (NASDAQ:REE), an automotive technology company and provider of full by-wire electric trucks and platforms, today announced that Carlton Rose has been appointed Chairman of its Board of Directors (Board), effective upon his re-election to the Board at REE's 2023 Annual Meeting of Shareholders scheduled for October 16, 2023 (AGM). Rose joined REE's Board in June shortly after retiring from a long and distinguished career at UPS where he last served as the president of global fleet maintenance and engineering. "I would like to congratulate Carlton on his appointment as Chairman in such paramount stage for REE as we prep
TEL-AVIV, Israel, March 15, 2023 (GLOBE NEWSWIRE) -- GlobeNewswire – REE Automotive Ltd. (NASDAQ:REE), an automotive technology company and provider of electric vehicle (EV) platforms, today announced that David Goldberg, who has served as Chief Financial Officer since 2022, will be stepping down from his current executive duties on March 28, 2023, to pursue other career opportunities. He will continue to work with the company through the end of June 2023 in a new role as a senior advisor. David will be succeeded by Mr. Yaron Zaltsman who has been appointed Chief Financial Officer effective March 29, 2023. Mr. Zaltsman is an experienced CFO and Board Member of several publicly listed co
4 - REE Automotive Ltd. (0001843588) (Issuer)
4 - REE Automotive Ltd. (0001843588) (Issuer)
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6-K - REE Automotive Ltd. (0001843588) (Filer)
SCHEDULE 13G - REE Automotive Ltd. (0001843588) (Subject)
S-8 - REE Automotive Ltd. (0001843588) (Filer)
ROTH MKM initiated coverage of REE Automotive with a rating of Buy and set a new price target of $14.00
Cantor Fitzgerald downgraded REE Automotive from Neutral to Underweight and set a new price target of $4.00 from $4.00 previously
BTIG Research downgraded REE Automotive from Buy to Neutral
HC Wainwright & Co. analyst Amit Dayal reiterates REE Automotive (NASDAQ:REE) with a Buy and maintains $15 price target.
The company said that Penske Truck Leasing begins to offer Powered by REE® Electric Vehicles to its customers. U-Haul received Powered by REE electric platform and is evaluating it as the first solution to support the electrification of its fleet. Airbus and REE collaborate on an autonomous program utilizing REE's P7-C full by-wire and autonomous-ready technology, which opens REE to new autonomous driving markets.
REE Automotive (NASDAQ:REE) reported quarterly losses of $(1.96) per share which missed the analyst consensus estimate of $(1.60) by 22.5 percent. This is a 18.67 percent increase over losses of $(2.41) per share from the same period last year. The company reported quarterly sales of $160.00 thousand which missed the analyst consensus estimate of $550.00 thousand by 70.91 percent.
TEL AVIV, Israel, Nov. 18, 2024 (GLOBE NEWSWIRE) -- REE Automotive Ltd. (NASDAQ:REE), an automotive technology company and provider of full by-wire electric trucks and platforms, today announced it will report its third quarter 2024 financial results before the market opens on Tuesday, December 17, 2024. A webcast and conference call will be held on the same day at 8:30 a.m. ET to review the Company's financial results for the three months ended September 30, 2024, discuss recent events and conduct a question-and-answer session. Event: REE's Third Quarter 2024 Financial Results Conference CallDate: Tuesday, December 17, 2024Time: 8:30 a.m. ETConference Call Dial-In: https://register.veve
TEL AVIV, Israel, Sept. 18, 2024 (GLOBE NEWSWIRE) -- REE Automotive Ltd. (NASDAQ:REE), an automotive technology company and provider of full by-wire electric trucks and platforms, today announced it will report its second quarter 2024 financial results before the market opens on Sept. 26, 2024. A webcast and conference call will be held on the same date at 8:30 a.m. ET to review the Company's financial results for the three months ended June 30, 2024, discuss recent events and conduct a question-and-answer session. Event: REE's Second Quarter Financial Results Conference CallDate: Thursday, Sept. 26, 2024Time: 8:30 a.m. ETConference Call Dial-In: https://register.vevent.com/register/
TEL AVIV, Israel, May 17, 2024 (GLOBE NEWSWIRE) -- REE Automotive Ltd. (NASDAQ:REE) ("REE" or the "Company"), an automotive technology company and provider of full by-wire electric trucks and platforms, today announced it will report its first quarter 2024 financial results before market open on Thursday, May 30, 2024. A webcast and conference call will be held on the same date at 8:30 a.m. ET to review the Company's financial results for the three months ended March 31, 2024 , discuss recent events and conduct a question-and-answer session. Event: REE's First Quarter Financial Results Conference CallDate: Thursday, May 30, 2024Time: 8:30 a.m. ETConference Call Dial-InWebcast Reg
-The P7-S stripped chassis is a software-defined Class 4-5 electric vehicle (EV) platform that is fully by-wire, autonomous-ready and aims to be the basis for the auto industry to build software-defined vehicles (SDV) -Currently, the P7-S is being evaluated by U-Haul as their first EV solution TEL AVIV, Israel, Nov. 19, 2024 (GLOBE NEWSWIRE) -- REE Automotive Ltd. (NASDAQ:REE) ("REE" or the "Company"), an automotive technology company and provider of full by-wire electric trucks and platforms, today announced its P7-S Software-Defined EV Chassis has been named a 2025 CES Innovation Awards® honoree in the Vehicle Tech & Advanced Mobility product category, recognizing the platform'
TEL AVIV, Israel, Nov. 18, 2024 (GLOBE NEWSWIRE) -- REE Automotive Ltd. (NASDAQ:REE), an automotive technology company and provider of full by-wire electric trucks and platforms, today announced it will report its third quarter 2024 financial results before the market opens on Tuesday, December 17, 2024. A webcast and conference call will be held on the same day at 8:30 a.m. ET to review the Company's financial results for the three months ended September 30, 2024, discuss recent events and conduct a question-and-answer session. Event: REE's Third Quarter 2024 Financial Results Conference CallDate: Tuesday, December 17, 2024Time: 8:30 a.m. ETConference Call Dial-In: https://register.veve
TEL AVIV, Israel, Nov. 14, 2024 (GLOBE NEWSWIRE) -- REE Automotive Ltd. (NASDAQ:REE) ("REE" or the "Company"), an automotive technology company and provider of full by-wire electric trucks and platforms, today announced the appointment of Rajesh Goel, president at Motherson Group ("Motherson"), to its board of directors and announced the return of Hai Aviv as Chief Financial Officer (CFO) to lead REE's North American expansion. Both appointments take effect on November 15, 2024. Motherson Group is strengthening its commitment to REE, with the appointment of Rajesh Goel to the Board of Directors. Rajesh's extensive automotive background, including his current leadership role at Mothers