Goldman Sachs Maintains Buy on FREYR Battery, Lowers Price Target to $14
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Philipp Konig maintains a Buy rating on FREYR Battery (NYSE:FREY) but lowers the price target from $16 to $14.

June 20, 2023 | 12:52 pm
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Goldman Sachs maintains Buy rating on FREYR Battery, but lowers price target from $16 to $14.
Goldman Sachs' lowered price target may cause some short-term uncertainty for FREYR Battery's stock price. However, the maintained Buy rating indicates that the analyst still believes in the company's potential for growth, which could balance out the impact of the reduced target.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100