B. Riley Securities Downgrades Tritium DCFC to Neutral, Announces $1 Price Target
Portfolio Pulse from Benzinga Newsdesk
B. Riley Securities analyst Christopher Souther has downgraded Tritium DCFC (NASDAQ:DCFC) from Buy to Neutral and set a price target of $1.
November 06, 2023 | 1:39 pm
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Tritium DCFC has been downgraded from Buy to Neutral by B. Riley Securities, with a new price target of $1.
The downgrade from Buy to Neutral by B. Riley Securities indicates a less optimistic outlook for Tritium DCFC. The new price target of $1 may also suggest that the analyst believes the stock is currently overvalued, which could lead to a decrease in the stock price in the short term.
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