Amprius Technologies price target lowered to $4 from $9 at Alliance Global

Alliance Global Partners lowered the firm’s price target on Amprius Technologies to $4 from $9 and keeps a Buy rating on the shares. The company’s Q2 results were generally solid with a revenue beat and continued progress in engaging with customers and expanding its product offerings, but management commentary surrounding the build out of its Colorado manufacturing facility makes timing seem increasingly uncertain, the analyst tells investors in a research note.