Alliance Global Partners analyst Jeff Grampp lowered the firm’s price target on Dragonfly Energy to $1.25 from $1.75 and keeps a Buy rating on the shares post the Q2 report. The analyst cites the company’s reduced 2025 outlook for the target cut. The recitational vehicle market as a whole has resumed growth but this appears concentrated on the lower-end of the market, where Dragonfly has less exposure, the analyst tells investors in a research note.
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