Piper Sandler Maintains Neutral Rating for Aeva Technologies: Here's What You Need To Know

Piper Sandler has decided to maintain its Neutral rating of Aeva Technologies AEVA and lower its price target from $2.25 to $2.00.

Shares of Aeva Technologies are trading up 1.33% over the last 24 hours, at $1.15 per share.

A move to $2.00 would account for a 74.67% increase from the current share price.

About Aeva Technologies

Aeva Technologies Inc through its Frequency Modulated Continuous Wave (FMCW) sensing technology, designs a 4D LiDAR-on-chip that, along with its proprietary software applications, has the potential to enable the adoption of LiDAR across broad applications from automated driving to consumer electronics, consumer health, industrial automation, and security application.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.