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Fluence Energy price target lowered to $20 from $28 at Goldman Sachs

Goldman Sachs lowered the firm’s price target on Fluence Energy (FLNC) to $20 from $28 and keeps a Buy rating on the shares as part of a broader research note previewing Q1 results in Solar. The firm sees potential for a “noisy quarter” for the company amid multiple moving pieces – AESC deal, potential transport impacts, and bookings in focus, the analyst tells investors in a research note.

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