Piper Sandler analyst Kashy Harrison lowered the firm’s price target on Fluence Energy (FLNC) to $4 from $10 and keeps a Neutral rating on the shares. Due to China’s dominance of the battery supply-chain, U.S. storage development is most at risk from the tariffs within the firm’s coverage, it argues. Moreover, excess capacity continues to drive global pricing deflation. Accordingly, Fluence’s perfect storm in 2025 keeps gaining momentum, says Piper.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on FLNC:
- Fluence Energy price target lowered to $5 from $8 at BofA
- Fluence Energy price target lowered to $10 from $14 at Canaccord
- Fluence Energy: Hold Rating Amid Tariff Concerns and Execution Challenges
- Fluence Energy price target lowered to $2 from $6 at Guggenheim
- Fluence Energy price target lowered to $5 from $9 at Baird