Fluence Energy, Inc. (FLNC) stock soared 5.03% in the pre-market trading session on Monday. The stock's upward movement came after the company's regular trading session on Monday.
Roth MKM analyst Justin Clare reiterated a Buy rating on Fluence Energy and set a price target of $20.00 for the stock. Clare's positive outlook on the energy storage solutions provider is likely the key driver behind the stock's surge.
Fluence Energy is a leading provider of energy storage products and services globally. As the demand for clean energy solutions continues to rise, the company's prospects remain promising, potentially justifying the analyst's bullish stance.
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