Worksport target adjusted to $11.50 from $1.50 at H.C. Wainwright

H.C. Wainwright raised the firm’s price target on Worksport (WKSP) to $11.50 from $1.50 and keeps a Buy rating on the shares following this month’s 10 to 1 reverse share split. The firm says Worksport’s execution against its revenue and margin guidance is key to driving shares higher in 2025.