Morgan Stanley Maintains Equal-Weight on Fluence Energy, Lowers Price Target to $27
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Stephen Trent has maintained an Equal-Weight rating on Fluence Energy (NASDAQ:FLNC) but lowered the price target from $30 to $27.
October 17, 2023 | 2:17 pm
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Morgan Stanley has maintained an Equal-Weight rating on Fluence Energy but lowered the price target from $30 to $27.
The lowering of the price target by Morgan Stanley could potentially lead to a decrease in the stock price of Fluence Energy in the short term as it indicates a lower valuation of the company.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100