Chardan Capital Maintains Neutral on ESS Tech, Lowers Price Target to $1.1
Portfolio Pulse from richadhand@benzinga.com
Chardan Capital analyst Brian Dobson maintains a Neutral rating on ESS Tech (NYSE:GWH) and lowers the price target from $1.8 to $1.1.
May 25, 2023 | 8:27 am
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Chardan Capital maintains a Neutral rating on ESS Tech and lowers the price target from $1.8 to $1.1.
The lowered price target by Chardan Capital analyst Brian Dobson indicates a less optimistic outlook for ESS Tech's stock price in the short term. This could lead to a negative impact on the stock price as investors may adjust their expectations based on the new price target.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100