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Polestar price target raised to $15 from $1 at Barclays

Barclays raised the firm’s price target on Polestar (PSNY) to $15 from $1 and keeps an Underweight rating on the shares. The firm adjusted targets in the autos and mobility group as part of a Q4 preview. Barclays continue to prefer the car markers, saying they are benefiting from “healthy” production rates and reduced electric vehicle losses.

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