Guggenheim Is Bullish On ESS Tech, Sees Significant Upside

March 22, 2022 3:27 PM | 1 min read | Make a Comment

ESS Tech Inc GWH coverage has been initiated with a Buy rating and a price target of $10 (implying an upside of 82.5%) by Guggenheim analyst Joseph Osha.
The analyst cites ESS as one of a large group of companies over the past two decades aiming to make flow batteries work commercially. Osha views ESS Tech as well-positioned.
ESS Tech is a manufacturer of long-duration batteries for commercial and utility-scale energy storage applications.
Price Action: GWH shares are trading higher by 4.58% at $5.48 on the last check Tuesday.