Canaccord lowered the firm’s price target on Wallbox (WBX) to $9 from $15 and keeps a Buy rating on the shares. The firm said the company fundamentals continue to improve with its third consecutive quarter over quarter increase in revenue and a slight improvement in EBITDA losses. They said a combination of European momentum, DC chargers, and Quasar 2 could set the stage for growth in 2026.
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