UBS lowered the firm’s price target on Wallbox (WBX) to $3 from $4 and keeps a Neutral rating on the shares. The firm updated its estimates following the Q4 earnings report.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on WBX:
- Neutral Rating Maintained as Weaker Near-Term Outlook Offsets Long-Term Margin Improvement Potential
- Wallbox Secures Agreement on Comprehensive Debt and Equity Restructuring
- Wallbox to implement comprehensive restructuring plan
- Wallbox Faces NYSE Listing Deficiency, Plans Capital Structure Overhaul
- Wallbox receives NYSE notice of non-compliance
