XOS (NASDAQ:XOS) Stock Rating Lowered by Northland Capmk

XOS (NASDAQ:XOS) was downgraded by research analysts at Northland Capmk from a “strong-buy” rating to a “hold” rating in a report issued on Monday,Zacks.com reports.

XOS has been the subject of several other reports. Roth Mkm began coverage on XOS in a research report on Wednesday, October 23rd. They issued a “buy” rating and a $15.00 price objective for the company. DA Davidson cut shares of XOS from a “buy” rating to a “neutral” rating and reduced their price target for the company from $17.00 to $9.00 in a report on Friday, August 16th. Roth Capital upgraded shares of XOS to a “strong-buy” rating in a report on Wednesday, October 23rd. Northland Securities reaffirmed a “market perform” rating and issued a $5.00 target price (down from $9.00) on shares of XOS in a research note on Monday. Finally, Wedbush dropped their price target on XOS from $15.00 to $12.00 and set an “outperform” rating on the stock in a research note on Thursday, August 15th. Three analysts have rated the stock with a hold rating, two have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $10.25.

XOS Trading Down 1.1 %

NASDAQ:XOS opened at $4.49 on Monday. XOS has a 1 year low of $3.65 and a 1 year high of $14.86. The stock has a 50-day moving average price of $4.57 and a two-hundred day moving average price of $5.75. The stock has a market cap of $36.05 million, a price-to-earnings ratio of -0.67 and a beta of 1.81.

About XOS

Xos, Inc designs, manufactures, and sells battery-electric commercial vehicles. The company provides class 5-6 medium duty rolling chassis, such as commercial stepvans and armored trucks; class 7-8 heavy duty chassis; and Xos product development. It offers Xos provides mix-use powertrain solutions for off-highway, industrial and other commercial equipment, and specialty vehicles, such as school buses, medical and dental clinics, blood donation vehicles, and mobile command vehicles.