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Fluence Energy price target lowered to $24 from $27 at Baird
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Baird lowered the firm’s price target on Fluence Energy (FLNC) to $24 from $27 and keeps an Outperform rating on the shares. The firm said they reported mostly in-line to positive FY24 results versus consensus estimates and backlog which remains strong despite fears regarding the impact to the industry from the recent change in US political administration.
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