Stem Inc. (STEM) PT Lowered to $13 at Evercore ISI

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Stem Inc. (STEM) PT Lowered to $2.70 at Roth/MKM, 'Mixed Q4, Revenue Miss Offset by Opex Discipline'

February 29, 2024 6:14 AM EST

Roth/MKM analyst Justin Clare lowered the price target on Stem Inc. (NYSE: STEM) to $2.70 (from $3.70) while maintaining a Neutral rating.

The analyst comments "STEM delivered a mixed Q4 result and 2024 guide. Q4 revenue and the 2024 revenue guide were below expectations; however opex... More