Ree Automotive (REE) Q3 results were reported on December 17, and the company ends 2024 on a strong note with vehicle production, distribution, and dealer-centric servicing infrastructure now in place to support commercial sales beginning in the second half of 2025, analyst HC Wainwright Amit Dayal tells investors. The company feels that the combination of the Motherson's supply chain and distribution partnership, improved access to funding sources, and a ramp in customer orders 230% to $137M has transformed the outlook for the company. The company has a Buy rating and $15 price target on shares and projects to supply 90-100 cumulative vehicles during the second half of 2025, once the tooling is in place in Coventry, UK
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