Barclays analyst Christine Cho lowered the firm’s price target on Fluence Energy to $28 from $30 and keeps an Overweight rating on the shares ahead of the Q3 report. In the near term, the focus will be where the company is shaking out for fiscal 2024 especially due to back-end loaded Q4 guide, the analyst tells investors in a research note.
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 – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on FLNC:
- Fluence Energy, Inc. Announces Third Quarter 2024 Earnings Release Date, Conference Call and Webcast
- Fluence Expands Digital Services Center; Leverages Digitization to Further Optimize Global Fleet of Assets
- Fluence Energy expands Digital Services Center with RMDC in India
- Fluence Energy price target lowered to $16 from $18 at Piper Sandler
- Fluence Energy price target lowered to $28 from $29 at BofA
