Susquehanna analyst Charles Minervino raised the firm’s price target on Fluence Energy (FLNC) to $20 from $17 and keeps a Positive rating on the shares. The firm said the company reported FY4Q results, with a miss on revenue and a beat on EBITDA and showed a growing backlog with a pickup in demand from data center customers for its SmartStack product and anticipates 2026 order intake will be focused on the U.S. market, given the growing focus on domestic content solutions as FEOC implementation is rolled out.
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