Form 8-K ESS Tech, Inc. For: May 12

Go back to Form 8-K ESS Tech, Inc. For: May 12

ESS Inc. (GWH) PT Lowered to $8 at Cowen

May 13, 2022 7:12 AM EDT

Cowen analyst Thomas Boyes lowered the price target on ESS Inc. (NYSE: GWH) to $8.00 (from $11.00) while maintaining an Outperform rating.

The analyst commented, "ESS was unable to recognize the sale of its EW units again this quarter, as revenue recognition challenges continued.... More