Eos Energy resumed at Buy by Stifel on rising demand for long-duration storage

Battery supply concept

MF3d/E+ via Getty Images

Eos Energy (NASDAQ:EOSE) +14.8% in Wednesday’s trading as Stifel resumes coverage with a Buy rating and $6 price target, anticipating rising demand for the company’s zinc-halide battery driven by growth in renewable energy sources and the need for battery storage

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