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Faraday Future initiated with a Buy at Litchfield Hills

Litchfield Hills analyst Theodore O’Neill initiated coverage of Faraday Future (FFAI) with a Buy rating and $5 price target Faraday Future “stands apart from other EV companies,” argues the analyst, who believes the company’s “slever approach” to manufacturing and “well thought out customer focused” marketing strategy could lead to “serious market share gains in the near-term in the high-end and ultimately the whole range of EV market.”

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