Piper Sandler initiated coverage of Fluence Energy with a Neutral rating and $24 price target. Stationary storage represents one of the fastest growing sub-sectors within clean energy, the analyst tells investors in a research note. However, Fluence shares already reflect strong demand tailwinds and a successful turnaround by new leadership, contends the firm.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly
See Insiders’ Hot Stocks on TipRanks >>
Read More on FLNC:
- Fluence Energy price target raised to $32 from $26 at RBC Capital
- Fluence Energy initiated with a Buy at Johnson Rice
- Historic Moment in Australia’s Energy Transition as Hazelwood Battery Energy Storage System is Commissioned
- Fluence Expands Asset Performance Management Software in Latin America Through Contract with MPC Energy Solutions
- Fluence Energy, Inc. Reports Second Quarter Fiscal 2023 Results