HSBC Maintains Buy Rating for Fluence Energy: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
HSBC has maintained its Buy rating for Fluence Energy (NASDAQ:FLNC) and raised its price target from $26.00 to $31.00. Shares of Fluence Energy are trading up 7.34% over the last 24 hours, at $25.30 per share.
June 05, 2023 | 5:01 pm
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POSITIVE IMPACT
HSBC maintains Buy rating for Fluence Energy and raises price target to $31.00. Shares are up 7.34% over the last 24 hours.
HSBC's decision to maintain its Buy rating and raise the price target for Fluence Energy indicates a positive outlook for the company. This news has already impacted the stock price, with shares trading up 7.34% over the last 24 hours. The raised price target suggests further potential for growth, which is likely to have a positive short-term impact on the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100