Why Eos Energy Enterprises Stock Climbed by 8% Today

Investors were clearly charged by the latest news about energy storage company Eos Energy Systems (NASDAQ: EOSE) on Friday. On the back of an analyst's price target raise, Eos saw its share price improve handsomely by more than 8% that trading session. This was more than good enough to top the 0.5% increase of the bellwether S&P 500 (SNPINDEX: ^GSPC). Before market open, Stifel's Stephen Gengaro pulled the lever on that fair-value assessment bump. He raised his Eos price target to an even $10 per share, up from his previous $8.50. He maintained his buy recommendation on the shares. Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool