BMO Capital Maintains Market Perform on Fluence Energy, Lowers Price Target to $28
Portfolio Pulse from jenniferd'souza@benzinga.com
BMO Capital analyst Ameet Thakkar has maintained a 'Market Perform' rating on Fluence Energy (NASDAQ:FLNC) but lowered the price target from $31 to $28.
August 14, 2023 | 1:20 pm
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NEGATIVE IMPACT
Fluence Energy's price target has been lowered from $31 to $28 by BMO Capital, though the 'Market Perform' rating is maintained.
The lowering of the price target by BMO Capital indicates a potential decrease in Fluence Energy's stock price in the short term. However, the maintenance of the 'Market Perform' rating suggests that the company's overall performance is expected to be in line with the market average.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100