Roth MKM Maintains Buy on Eos Energy Enterprises, Lowers Price Target to $4.5
Portfolio Pulse from Benzinga Newsdesk
Roth MKM analyst Chip Moore maintains a Buy rating on Eos Energy Enterprises (NASDAQ:EOSE) but lowers the price target from $6 to $4.5.
May 16, 2024 | 1:10 pm
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Roth MKM analyst Chip Moore maintains a Buy rating on Eos Energy Enterprises but lowers the price target from $6 to $4.5.
The Buy rating suggests continued confidence in the company's long-term prospects, but the lowered price target indicates a more cautious short-term outlook. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100