EOSE - Is Now The Time To Buy Eos Energy Amid $400M DOE Loan And Project AMAZE? Analyst Weighs In | Benzinga
Guggenheim analyst Joseph Osha upgraded Eos Energy Enterprises Inc (NASDAQ: EOSE) to Buy from Neutral with a price target of $10.
The analyst is bullish on the company receiving a $400 million conditional loan commitment from the Department of Energy.
The company launched Project AMAZE, American Made Zinc Energy, a $500 million planned expansion to build 8 GWh of clean energy storage production capacity.
The analyst believes EOSE’s path to success still includes challenges, even with the conditional commitment given ...