- Morgan Stanley is more constructive on Fisker (FSR -1.7%) after the Q4 earnings report and memorandum of understanding with Foxconn.
- "We believe FSR offers significant upside at a reasonable risk and increasing partner validation," updates analyst Adam Jonas.
- Jonas and team expect Fisker production of 255K units in 2025.
- The firm increases its base price target on Overweight-rated Fisker to $40 and has a bull case PT of $90.
- Fisker announced earlier today that it is looking for a battery partner.