This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.

Analysts Conflicted on These Utilities Names: AES (AES) and Fluence Energy (FLNC)

Tipranks - Fri May 8, 7:08AM CDT

Analysts have been eager to weigh in on the Utilities sector with new ratings on AES (AES) and Fluence Energy (FLNC).

Claim 55% Off TipRanks

AES (AES)

Barclays analyst Nicholas Campanella maintained a Sell rating on AES today and set a price target of $16.00. The company’s shares closed last Wednesday at $14.34.

According to TipRanks.com, Campanella is a 5-star analyst with an average return of 12.1% and a 71.2% success rate. Campanella covers the Utilities sector, focusing on stocks such as Constellation Energy Corporation, Public Service Enterprise, and Pinnacle West Capital. ;'>

The word on The Street in general, suggests a Hold analyst consensus rating for AES with a $16.67 average price target.

See the top stocks recommended by analysts >>

Fluence Energy (FLNC)

In a report released today, Sean Milligan from Needham reiterated a Hold rating on Fluence Energy. The company’s shares closed last Wednesday at $13.56.

According to TipRanks.com, Milligan is a 2-star analyst with an average return of 0.6% and a 54.2% success rate. Milligan covers the Technology sector, focusing on stocks such as Shoals Technologies Group, First Solar, and Itron. ;'>

The word on The Street in general, suggests a Hold analyst consensus rating for Fluence Energy with a $16.73 average price target, implying a 32.3% upside from current levels. In a report issued on April 29, BMO Capital also maintained a Hold rating on the stock with a $15.00 price target.

Read More on AES:

Disclaimer & DisclosureReport an Issue

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.