Polestar price target raised to 78c from 74c at Bernstein

Bernstein raised the firm’s price target on Polestar to 78c from 74c and keeps an Underperform rating on the shares. The company’s Q2 results came in slightly better than expected, the analyst tells investors in a research note. The firm says the tariff delays make it more optimistic. However, Polestar’s double-digit gross margins “remain a stretch,” it adds.