Baird Maintains Outperform on Fluence Energy, Lowers Price Target to $27
Portfolio Pulse from Benzinga Newsdesk
Baird analyst George Gianarikas maintains an Outperform rating on Fluence Energy (NASDAQ:FLNC) but lowers the price target from $34 to $27.
August 09, 2024 | 11:42 am
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NEUTRAL IMPACT
Baird analyst George Gianarikas maintains an Outperform rating on Fluence Energy but lowers the price target from $34 to $27.
The Outperform rating suggests continued confidence in Fluence Energy's performance, but the lowered price target indicates some caution about its near-term prospects. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100