Goldman Sachs Downgrades FREYR Battery to Neutral, Lowers Price Target to $10
Portfolio Pulse from richadhand@benzinga.com
Goldman Sachs analyst Philipp Konig has downgraded FREYR Battery (NYSE:FREY) from Buy to Neutral and lowered the price target from $14 to $10.

July 18, 2023 | 1:28 pm
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Goldman Sachs has downgraded FREYR Battery and lowered its price target, which could negatively impact the stock's price.
Analyst ratings and price targets can significantly influence investor sentiment and stock prices. The downgrade from Buy to Neutral and the lowering of the price target by Goldman Sachs, a major investment bank, could lead to a decrease in investor confidence in FREYR Battery, potentially causing a short-term drop in its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100