Canaccord lowered the firm’s price target on Wallbox to $3.25 from $4 and keeps a Buy rating on the shares. The firm noted EV growth continues to stall globally and unfortunately, Wallbox is not immune as the company preannounced revenue that was below our expectations.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on WBX: