Maxim Group initiated coverage on shares of Zapp Electric Vehicles Group (NASDAQ:ZAPP – Free Report) in a report published on Tuesday, Marketbeat reports. The brokerage issued a buy rating and a $7.00 price target on the stock.
Separately, Litchfield Hills Research raised Zapp Electric Vehicles Group to a strong-buy rating in a research note on Monday, July 1st.
Read Our Latest Stock Report on Zapp Electric Vehicles Group
Zapp Electric Vehicles Group Price Performance
Zapp Electric Vehicles Group Company Profile
Zapp Electric Vehicles Limited operates an electric motorcycle company. Its i300 is the first in a suite of electric two-wheelers that the company plans to bring to market. It offers a direct-to-customer experience known as DSDTC (drop-ship-direct-to-customer). The company sells its product the i300, to customers online and delivered to the home, as well as provides at-home inspection, service, and support throughout the vehicle ownership lifecycle.
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