HC Wainwright & Co. Maintains Buy on Fusion Fuel Green, Lowers Price Target to $3.5
Portfolio Pulse from richadhand@benzinga.com
HC Wainwright & Co. analyst Amit Dayal maintains a 'Buy' rating on Fusion Fuel Green (NASDAQ:HTOO), but has lowered the price target from $12 to $3.5.
August 31, 2023 | 10:23 am
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Despite the lowered price target, Fusion Fuel Green (NASDAQ:HTOO) maintains a 'Buy' rating from HC Wainwright & Co.
The lowered price target could potentially indicate a bearish outlook for the stock. However, the maintained 'Buy' rating suggests that the analyst still sees potential upside, which could balance out the impact on the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100