Brind.

Energous Corporation receives 'Reduce' consensus rating amid analyst downgrades

1 report, 1 independent Updated Sun 00:00
AI-generated briefing. Brind wrote this from the reports listed below and has updated it as the story developed. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.

What happened

Some supportReported by 1 outlet

MarketBeat released a consensus rating for Energous Corporation, which is 'Reduce' according to the report. This followed a downgrade by Wall Street Zen, which changed its rating from a hold to a sell. Separately, Weiss Ratings lowered its rating for the company from a sell (d-) to a sell (e+).

From themarketsdaily.com

Why it matters

Some supportBrind's analysis of the reports

The consensus rating and recent analyst downgrades affect the stock's valuation and trading activity. Institutional investors, including Fermata Advisors LLC and Bank of New York Mellon Corp, have recently purchased new stakes in the company.

From themarketsdaily.com

Who's involved

  • MarketBeatProvided the consensus rating for Energous Corporation
  • NasdaqThe stock is traded on this exchange

Who could feel it

Possible knock-on effects

These are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.

  • NasdaqSpeculative

    The stock price traded on the Nasdaq exchange might be pressured by negative research downgrades

Keep exploring

The entities involved

Related events

Coverage

Newest first; wire copies grouped