Needham Maintains Buy on Solid Power, Lowers Price Target to $3
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Chris Pierce maintains a Buy rating on Solid Power (NASDAQ:SLDP) but has lowered the price target from $4 to $3.
November 08, 2023 | 10:08 pm
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Needham analyst has maintained a Buy rating on Solid Power but lowered the price target from $4 to $3.
The news is directly related to Solid Power (SLDP). The maintained Buy rating indicates a positive outlook for the company, however, the lowered price target may indicate a potential downside risk. This could lead to mixed reactions in the market, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100