Exane BNP Paribas Initiates Coverage On Fluence Energy with Underperform Rating, Announces Price Target of $18
Portfolio Pulse from Benzinga Newsdesk
Exane BNP Paribas analyst Moses Sutton has initiated coverage on Fluence Energy (NASDAQ:FLNC) with an Underperform rating and a price target of $18.
October 20, 2023 | 11:09 am
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NEGATIVE IMPACT
Fluence Energy has been given an Underperform rating by Exane BNP Paribas with a price target of $18.
The Underperform rating given by Exane BNP Paribas suggests that the analyst expects Fluence Energy's stock to do worse than the market average. This could potentially lead to a decrease in the stock's price in the short term. The price target of $18 also provides a benchmark for investors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100