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Credit Suisse Gains Conviction On Luminar, Thanks To Volvo, Mercedes, Nvidia

Credit Suisse analyst Dan Levy initiated coverage of Luminar Technologies Inc (NASDAQ:LAZR) with an Outperform rating and a $22 price target (51% upside).  The analyst is optimistic about Luminar, as he believes the company is the "best of breed in the rapidly growing" mobility LiDAR market. Its commercial progress reflects a moat in LiDAR…

Benzinga · Apr 14, 2022

Maersk Orders For 110 Volvo VNR Electric Trucks

Volvo AB's (OTC:VLVLY) Volvo Trucks in North America won an order for 110 Volvo VNR Electric trucks from the global logistics company A. P. Moller Maersk A/S (OTC:AMKBY), adding to a previous order of 16 vehicles of the same model. Financial terms not disclosed. The order was placed by the Performance Team, part of the…

Benzinga · Mar 29, 2022