ESS Tech (GWH) Tops Q4 EPS by 2c
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March 14, 2024 4:18 PM EDT
Deutsche Bank analyst Corinne Blanchard lowered the price target on ESS Inc. (NYSE: GWH) to $1.40 (from $2.00) while maintaining a Hold rating.
The analyst comments "ESS Tech Inc ("GWH") reported 4Q results and provided a brief business update. The company missed the top line with 4Q revenue of $2.8m, below DBe of $4.2m and Street of $3.5m, but also below implied guidance of $4.3m. The revenue miss was... More
March 14, 2024 5:57 AM EDT
Canaccord Genuity analyst George Gianarikas lowered the price target on ESS Inc. (NYSE: GWH) to $1.25 (from $1.75) while maintaining a Hold rating.
The analyst comments "While ESS experienced some delays in its 4Q23 operations, management continues to expect momentum to improve throughout 2024... More
