Baird analyst Ben Kallo downgrades Embark Technology (NASDAQ:EMBK) from Outperform to Neutral and lowers the price target from $15 to $3.
Cramer Says Most COVID-19 Plays In ‘Doghouse’ But These 2 Pandemic-Era Winners Making ‘Comeback’
Most COVID-19 plays that saw staggering gains during the pandemic have come well off their highs, as irrational exuberance gives way to skepticism regarding continued fundamental outperformance.