Workhorse Group price target lowered to $1.50 from $1.75 at Roth Capital

Roth Capital lowered the firm’s price target on Workhorse Group (WKHS) to $1.50 from $1.75 and keeps a Neutral rating on the shares post the Q2 report. The firm cites limited growth visibility for the target cut and says it could get more constructive on the shares with a creditable timeline to positive gross margins.