Wolfe Research Assumes SES AI at Underperform, Announces Price Target of $1
Portfolio Pulse from Benzinga Newsdesk
Wolfe Research has initiated coverage on SES AI with an Underperform rating and set a price target of $1, indicating a bearish outlook on the stock.
September 05, 2024 | 6:12 pm
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Wolfe Research has assumed coverage of SES AI with an Underperform rating and a price target of $1, suggesting a negative outlook on the stock's performance.
The Underperform rating and low price target of $1 from Wolfe Research suggest a lack of confidence in SES AI's near-term performance, likely leading to negative sentiment and potential downward pressure on the stock price.
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