Wolfe Research Downgrades Solid Power to Underperform, Announces $2 Price Target
Portfolio Pulse from richadhand@benzinga.com
Wolfe Research analyst Rod Lache downgraded Solid Power (NASDAQ:SLDP) from Peer Perform to Underperform and announced a $2 price target.

June 08, 2023 | 9:10 am
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Solid Power downgraded to Underperform by Wolfe Research with a $2 price target.
The downgrade from Peer Perform to Underperform and the announcement of a $2 price target by Wolfe Research analyst Rod Lache is likely to have a negative impact on Solid Power's stock price in the short term. Investors may perceive this as a lack of confidence in the company's performance and future prospects.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100