Amprius Technologies price target lowered to $14 from $15 at Oppenheimer

Oppenheimer lowered the firm’s price target on Amprius Technologies to $14 from $15 and keeps an Outperform rating on the shares. Amprius Technologies continues to make significant progress building a foundation of customers and sees more than enough demand to meet revenue estimates, the analyst tells investors in a research note. The firm continues to see Amprius as having leading power and energy density in the battery space along with a healthy list of customers working on premium applications.