Canaccord raised the firm’s price target on Fluence Energy (FLNC) to $28 from $25 and keeps a Buy rating on the shares. The firm said the quarter was healthy, particularly gross margins. Orders were strong, guidance was reiterated, pipeline is growing. But, the game-changer is 2 new hyperscaler MSAs (master supply agreements) worth an estimated roughly 2B+ in revenue.
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