Dear ,
The analysts at JP Morgan initiated coverage on Nikola Motors (NKLA) the other day…
They wrote the stock was fully valued, giving it a neutral rating and a price target of $45.
Nikola that day opened at $64 per share… and ended up closing at $70.
The stock gained more than 6.2% despite the lackluster report from the analysts…
Make no mistake about it…
Some analysts are completely ignored…
While others move the needle…
How do you know which ones they are?
Simple, for me.
I just follow the smart money.
Inovio (INO) got upgraded by Maxim yesterday, as they raised its target from $18 to $24.
The smart money started to jump into the options…
13 minutes after the market opened…
A trader came in and bought
540 INO Jun20 26th $16.0 Calls
Paying $1.10 Per Contract
A Total of $59K In Premium
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