BMO Capital Maintains Market Perform on Stem, Lowers Price Target to $1.85
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Ameet Thakkar has maintained a Market Perform rating on Stem, Inc. (NYSE:STEM) but lowered the price target from $2.5 to $1.85.
May 03, 2024 | 3:46 pm
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NEGATIVE IMPACT
BMO Capital maintains a Market Perform rating on Stem, Inc. but has reduced the price target from $2.5 to $1.85.
The reduction in price target by BMO Capital suggests a bearish outlook on the stock's short-term price potential, likely influencing investor sentiment and potentially leading to a decrease in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100