In a report released today, Chris Pierce from Needham maintained a Buy rating on Solid Power (SLDP – Research Report), with a price target of $4.00. The company’s shares closed yesterday at $2.23.
According to TipRanks, Pierce is an analyst with an average return of -34.4% and a 23.21% success rate.
Currently, the analyst consensus on Solid Power is a Hold with an average price target of $3.75.
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The company has a one-year high of $9.40 and a one-year low of $1.95. Currently, Solid Power has an average volume of 2.01M.
Based on the recent corporate insider activity of 34 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of SLDP in relation to earlier this year.
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