Deutsche Bank Reinstates Hold on SES AI, Announces $1.5 Price Target
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank analyst Winnie Dong has reinstated a Hold rating on SES AI (NYSE:SES) and set a price target of $1.5.
September 10, 2024 | 12:00 pm
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Deutsche Bank has reinstated a Hold rating on SES AI with a price target of $1.5, indicating a cautious outlook.
The Hold rating suggests that Deutsche Bank does not foresee significant upside or downside in SES AI's stock price in the near term. The $1.5 price target provides a specific valuation benchmark, which is crucial for investors. The neutral stance implies that the stock is expected to perform in line with the market.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100