Barclays analyst Christine Cho lowered the firm’s price target on Fluence Energy (FLNC) to $22 from $28 and keeps an Overweight rating on the shares. As a soft Q1 has already been communicated to the market, investor focus should center around bookings for the quarter and how the ongoing antidumping and countervailing duties investigation and the potential expansion of oreign Entity of Concern restrictions are impacting customer conversations, the analyst tells investors in a research note.
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