Canoo Inc (NASDAQ:GOEV) operates in a segment where even the likes of Tesla Inc (NASDAQ:TSLA) are reporting weak delivery numbers. The company has repositioned itself and the market appears to have “lost sight of the magnitude of the opportunity,” according to Benchmark. The Canoo Analyst: Michael Legg initiated coverage of Canoo with a Buy rating and a price target of $5. The Canoo Thesis: The company faces limited competition in the Class 1…
