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News For IPWR From the Last 2 Days
IPWR
Mar 27, 2024 | 08:53 EDT
Benchmark lowered the firm's price target on Ideal Power to $14 from $18 and keeps a Buy rating on the shares after the company announced a $15M public offering of 2M shares priced at $7.50. Following the fundraising, the firm contends that the development roadmap and path to commercialization is progressing "as anticipated."