Barclays lowered the firm’s price target on Fluence Energy (FLNC) to $8 from $9 and keeps an Equal Weight rating on the shares. The company’s fiscal Q3 report disappointed on sales due to a slower than expected U.S. ramp, the analyst tells investors in a research note. The firm says that while Fluence’s bookings held up and margins were a positive surprise, it wants more clarity on how U.S. bookings are trending post the Big Beautiful Bill.
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