Susquehanna Downgrades Stem to Neutral, Lowers Price Target to $0.5
Portfolio Pulse from Benzinga Newsdesk
Susquehanna analyst Biju Perincheril has downgraded Stem (NYSE:STEM) from Positive to Neutral and lowered the price target from $2 to $0.5.
August 09, 2024 | 10:38 am
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Susquehanna analyst Biju Perincheril downgraded Stem from Positive to Neutral and reduced the price target from $2 to $0.5.
The downgrade from Positive to Neutral and the significant reduction in the price target from $2 to $0.5 by a reputable analyst is likely to negatively impact investor sentiment and the stock price of Stem in the short term.
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IMPORTANCE 80
RELEVANCE 100