Piper Sandler Maintains Neutral on Fluence Energy, Lowers Price Target to $18
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Kashy Harrison maintains a Neutral rating on Fluence Energy (FLNC) and lowers the price target from $20 to $18.
May 10, 2024 | 1:42 pm
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NEUTRAL IMPACT
Piper Sandler's adjustment of Fluence Energy's price target from $20 to $18, while maintaining a Neutral rating, could influence investor sentiment and potentially impact FLNC's stock price in the short term.
The adjustment in price target by a reputable analyst firm like Piper Sandler, even while maintaining a neutral stance, can affect investor perceptions and stock price movement. However, the neutral rating suggests that significant upside or downside may not be anticipated, leading to a neutral short-term impact score.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 90