UBS lowered the firm’s price target on Fluence Energy (FLNC) to $4.50 from $8 and keeps a Neutral rating on the shares. The Trump administration’s April 2 reciprocal tariff announcement and subsequent 90 day pause has “added yet another layer of uncertainty to the already out-of-favor Clean Energy sector,” the analyst tells investors in an alternative energy group note. The firm expects continued fund outflows until federal renewable tax policy is clarified, the analyst added.
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