JP Morgan Maintains Neutral on Fluence Energy, Raises Price Target to $23
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Mark Strouse has maintained a Neutral rating on Fluence Energy (NASDAQ:FLNC) and increased the price target from $22 to $23.

November 30, 2023 | 6:55 pm
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JP Morgan analyst Mark Strouse maintained a Neutral rating on Fluence Energy and raised the price target from $22 to $23.
The increase in price target by JP Morgan suggests a slightly more optimistic outlook on Fluence Energy's valuation, but the maintenance of a Neutral rating indicates that the analyst does not see significant short-term price movement. The adjustment in price target may be based on recent company performance or market conditions, but without a change to a more bullish or bearish stance, the impact on the stock price is likely to be moderate.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 100