News Formal

Bank of America sees energy storage as the one 'bright spot' in renewable industry, upgrades a name

  • 📰 CNBC
  • ⏱ Reading Time:
  • 2 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 72%

Nederland Nieuws Nieuws

Nederland Laatste Nieuws,Nederland Headlines

The bank upgraded the stock to buy from neutral and raised its price target to $26 per share from $24.

Investors should bet on Fluence Energy as storage demand for renewable energy grows with robust interest from asset owners across the country and input costs for battery cells rapidly decline, according to Bank of America. The bank upgraded the stock to buy from neutral and raised its price target to $26 per share from $24, calling a "bright spot" in the renewable energy space. The new forecast implies upside of 42% from Tuesday's close.

mountain FLNC in 2023

Wij hebben dit nieuws samengevat zodat u het snel kunt lezen. Bent u geïnteresseerd in het nieuws, dan kunt u hier de volledige tekst lezen. Lees verder:

 /  🏆 12. in NL
 

Bedankt voor uw reactie. Uw reactie wordt na beoordeling gepubliceerd.

Nederland Laatste Nieuws, Nederland Headlines

Similar News:Je kunt ook nieuwsberichten lezen die vergelijkbaar zijn met deze die we uit andere nieuwsbronnen hebben verzameld.

The $26 trillion Treasury market is showing resilience in a year of extreme volatility, regulators sayJoy Wiltermuth is a news editor and senior markets reporter based in San Francisco.
Bron: MarketWatch - 🏆 3. / 97 Lees verder »

Bank of America Corp. stock falls Monday, underperforms marketSupported by world-class markets data from Dow Jones and FactSet, and partnering with Automated Insights, MarketWatch Automation brings you the latest, most pertinent content at record speed and with unparalleled accuracy.
Bron: MarketWatch - 🏆 3. / 97 Lees verder »