Fluence Energy shares are trading lower after Roth MKM maintained a Neutral rating on the stock but lowered its price target from $31 to $27.
Portfolio Pulse from Benzinga Newsdesk
Roth MKM has maintained a Neutral rating on Fluence Energy's stock but lowered its price target from $31 to $27. This has led to a decrease in Fluence Energy's share price.
August 11, 2023 | 6:42 pm
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Fluence Energy's stock price is trading lower after Roth MKM maintained a Neutral rating but lowered its price target from $31 to $27.
The lowering of the price target by Roth MKM indicates a less optimistic outlook for Fluence Energy's stock, which can lead to selling pressure and a decrease in the stock price. The maintained Neutral rating suggests that the firm does not see significant upside or downside from the current price level.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100