Roth MKM Maintains Buy on Energous, Lowers Price Target to $2.5
Portfolio Pulse from Benzinga Newsdesk
Roth MKM analyst Suji Desilva maintains a Buy rating on Energous (NASDAQ:WATT) but lowers the price target from $4 to $2.5.
May 16, 2024 | 1:16 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Roth MKM analyst Suji Desilva maintains a Buy rating on Energous but lowers the price target from $4 to $2.5.
The lowered price target from $4 to $2.5 suggests a less optimistic outlook for Energous, which could negatively impact the stock price in the short term despite the maintained Buy rating.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100