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Goldman Sachs Sours on QuantumScape Stock. The Stock Is Falling.

Photo of Nora James Nora James December 14, 2022
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Goldman Sachs Sours on QuantumScape Stock. The Stock Is Falling.
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This is not the market for stocks that don’t generate positive free cash flow and earnings. That is driving one analyst to downgrade the stock of electric vehicles battery technology startup


QuantumScape



Goldman Sachs


automotive analyst Mark Delaney downgraded


QuantumScape


(ticker; QS) stock to Sell from Hold late Tuesday. He cut his price target to $5 a share from $8.

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