Piper Sandler Maintains Neutral on Stem, Lowers Price Target to $2
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Kashy Harrison maintains a Neutral rating on Stem, Inc. (NYSE:STEM) and lowers the price target from $3 to $2.
April 11, 2024 | 12:27 pm
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NEGATIVE IMPACT
Piper Sandler maintains a Neutral rating on Stem, Inc. and lowers the price target from $3 to $2.
The reduction in price target by Piper Sandler could lead to a negative short-term sentiment among investors, potentially causing a decrease in the stock price of Stem, Inc. The Neutral rating suggests that the analyst sees limited upside or downside potential from the current price level, but the lowering of the price target is likely to be the more influential factor in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100