Gauzy price target lowered to $10 from $13 at Barclays

Barclays lowered the firm’s price target on Gauzy (GAUZ) to $10 from $13 and keeps an Overweight rating on the shares. The company reported a soft Q2 due to timing delays on sales and sharp decrementals but its order volume remains robust, the analyst tells investors in a research note. The firm sees a “heavy lift” for Gauzy to meet its fiscal year outlook.