TD Cowen Downgrades FREYR Battery to Market Perform
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst Gabe Daoud has downgraded FREYR Battery (NYSE:FREY) from Outperform to Market Perform.
October 25, 2023 | 11:33 am
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FREYR Battery has been downgraded from Outperform to Market Perform by TD Cowen.
Analyst ratings often have a direct impact on stock prices. A downgrade from Outperform to Market Perform suggests that the analyst believes the stock will now perform at the same level as the overall market, rather than outperforming it. This could lead to a decrease in investor confidence and a potential drop in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100