Wallbox price target lowered to $1 from $1.50 at Canaccord

Canaccord lowered the firm’s price target on Wallbox (WBX) to $1 from $1.50 and keeps a Buy rating on the shares. The firm said Wakbox fundamentals continue to struggle to find a bottom. In Q4, slower DC fast charger sales, due to customer pushouts,negatively impacted financials.