Stem Announces Leadership Changes

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TD Cowen Downgrades Stem Inc. (STEM) to Hold

August 7, 2024 8:59 AM EDT

TD Cowen analyst Thomas Boyes Jr. downgraded Stem Inc. (NYSE: STEM) from Buy to Hold with a price target of $1.00 (from $4.00).

The analyst comments "Downgrading STEM to Hold, following project delays that not only impacted 2Q24, but outlook for FY24. We... More