$Polestar Automotive(PSNY)$

As I've shared before, PSNY share price will see an upward movement when the stock is covered by analysts from reputable institutions that also buy into the stock as well. The time, and evidence, for this has arrived.

After analyst coverage for PSNY was started by Duestch Bank, another analyst coverage has been initiated, this time by Citibank (reported in media also on 3 Aug) - the former's target price was 10 while the latter's was 13. An immediate impact on stock price was seen, with PSNY closing at 9.27 (post-market) on 4 Aug and 9.36 (post-market) on 5 Aug, helped definitively by a new position started by Citigroup Inc. in PSNY that paralleled its stock coverage.

As long as it continues to deliver (as it said it would back on 12/13 Jul 2022 when reporting half year delivery numbers), slowly but surely, PSNY will get to where it should be, given its relatively better company fundamentals when compared to the likes of $Lucid Group Inc(LCID)$or $Fisker Inc.(FSR)$(demonstrating how undervalued it is at the current moment).