ESS to Deliver Long-Duration Energy Storage Solutions to Sapele Power to Improve Generation Efficiency

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ESS Inc. (GWH) PT Lowered to $1.15 at Deutsche Bank

May 8, 2024 4:23 PM EDT

Deutsche Bank analyst Corinne Blanchard lowered the price target on ESS Inc. (NYSE: GWH) to $1.15 (from $1.40) while maintaining a Hold rating.

The analyst comments "ESS Tech Inc ("GWH") reported 1Q results and provided a brief business update. ESS missed the top line with 1Q revenue of $2.7m, below DBe expectations of $4m and Street... More