ESS Tech (GWH) Tops Q1 EPS by 9c

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Go back to ESS Tech (GWH) Tops Q1 EPS by 9c

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