Hyliion is trading 7.3% higher at $4.25, with a reported analyst upgrade cited as a possible catalyst.
- A September 29 premarket report said Craig-Hallum upgraded the stock to Buy and set a $7 price target.
- Hyliion’s latest listed announcement was its September 22 NYSE Texas dual listing; no newer company announcement was found.
- Reuters described rising oil prices and Treasury yields as weighing on equities, a backdrop that does not clearly explain Hyliion’s gain.