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Guggenheim lowered its price target for Fervo Energy from $48 to $33 but still says to buy.

OpinionRead the original at marketscreener.com
Bad for FRVO

Guggenheim cut its Fervo target from $48 per share to $33 per share, signaling a lower expected share value. It kept a Buy rating, but the lower target is the main change and points down.

FRVO · Fervo Energy

AI read · Bad for FRVO

The AI's read

The lower target means Guggenheim now sees less room for Fervo shares to rise. Its continued Buy rating is a counterpoint, but the changed target is the clearest new signal.

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