Baird cuts Fluence (FLNC) price target, turns incremental negative
Fluence Energy (FLNC) dropped premarket after Baird slashed its price target by 70% and reiterated an incremental-negative stance following FLNC’s second fiscal 2026 guidance cut this year.
Fluence Energy (FLNC) was among the biggest premarket losers on Thursday after Baird cut its price target by 70%, following the energy storage company’s second fiscal 2026 guidance cut this year. At the time of writing, FLNC shares were down 20% in pre-market trading.