Goldman Sachs Downgrades Stem Due to Recent Challenges in Guidance and Execution
Friday, 22 March 2024, 16:54
Goldman Sachs Downgrades Stem Amid Weak Guidance and Execution
Goldman Sachs has downgraded energy storage provider Stem following disappointing results and guidance, highlighting concerns over execution and performance. The move reflects a shift in sentiment towards the company's prospects amidst challenging market conditions. Stem faces pressure to address the issues raised by Goldman Sachs to regain investor confidence and improve its trajectory in the market.
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