After Eos Energy (EOSE) announced a 750 MW supply agreement with MN8 Energy, a strategic collaboration with Talen Energy (TLN) to help meet data center demand and expansion plans to meet rising demand, Stifel analyst Stephen Gengaro said the firm view these as positives that support the firm’s “bullish view.” Stifel reiterates a Buy rating and $22 price target on Eos shares.
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 EOSE:
- Eos Energy, Talen Energy partner to advance power capacity for AI infrastructure
- Eos Energy, MN8 Energy sign supply agreement for energy torage
- Eos Energy awarded joint $24M economic development packages in U.S.
- Eos Energy Approves Key Proposals at Special Meeting
- Mixed options sentiment in Eos Energy Enterprises, Inc. with shares down 5.08%