Susquehanna Maintains Positive on Stem, Lowers Price Target to $4
Portfolio Pulse from Benzinga Newsdesk
Susquehanna analyst Biju Perincheril maintains a Positive rating on Stem, Inc. (NYSE:STEM) but lowers the price target from $5.5 to $4.
February 29, 2024 | 1:58 pm
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Susquehanna maintains a Positive rating on Stem, Inc. but reduces the price target from $5.5 to $4.
The reduction in price target by Susquehanna, despite maintaining a Positive rating, could lead to a short-term negative sentiment among investors, potentially causing a decrease in the stock price of Stem, Inc. The adjustment in price target reflects a change in valuation expectations, which is critical information for investors.
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IMPORTANCE 80
RELEVANCE 100