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Fluence Energy price target raised to $26 from $20 at Goldman Sachs

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.

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