Evercore ISI Group Maintains Outperform on Stem, Lowers Price Target to $5
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group analyst James West maintains an Outperform rating on Stem (NYSE:STEM) but lowers the price target from $9 to $5.
August 07, 2024 | 2:15 pm
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Evercore ISI Group analyst James West maintains an Outperform rating on Stem but lowers the price target from $9 to $5.
The lowered price target from $9 to $5 suggests a more cautious outlook on Stem's future performance, which could negatively impact investor sentiment in the short term despite the maintained Outperform rating.
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