Roth MKM Maintains Buy on Energy Vault Holdings, Lowers Price Target to $2
Portfolio Pulse from Benzinga Newsdesk
Roth MKM analyst Justin Clare maintains a Buy rating on Energy Vault Holdings (NYSE:NRGV) but lowers the price target from $2.5 to $2.
August 08, 2024 | 2:41 pm
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NEUTRAL IMPACT
Roth MKM analyst Justin Clare maintains a Buy rating on Energy Vault Holdings but lowers the price target from $2.5 to $2.
The Buy rating suggests continued confidence in the company's long-term prospects, but the lowered price target indicates some short-term concerns or adjustments in valuation. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100