Goldman Sachs analyst Brian Lee raised the firm’s price target on Fluence Energy (FLNC) to $26 from $20 and keeps a Buy rating on the shares. The firm is positive on the company’s position as a battery storage leader with more potential growth inflection to come on the back of data center demand, the analyst tells investors in a research note.
Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on FLNC: