Fluence Energy rises after Mizuho starts coverage with 'outperform' rating
ReutersMar 5, 2025 12:04 PM
Shares of renewable energy storage provider Fluence Energy FLNC.O rise 2.7% to $5.35 premarket
Mizuho initiates coverage on co with "outperform" rating and PT of $8
"FLNC is one of the top storage integrators in the world with >15% market share in North America and a growing presence in EMEA/APAC" - Mizuho analysts
10 brokerages rate company "buy" or higher, while 12 rate it "hold" and 1 rates "strong sell"; median PT at $10 - LSEG
As of last close, stock is down 67.2% YTD
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