ESS Tech (GWH) Price Target Drops 28.57% to $2.55

ESS Tech's (NYSE:GWH) average one-year price target has been revised to $2.55/share, a 28.57% decrease from the prior estimate of $3.57/share. The latest targets range from $2.52 to $2.62/share, representing a 112.50% increase from the latest closing price of $1.20/share. There are 56 funds reporting positions in ESS Tech, with Softbank Group holding 2,397K shares (8.82% ownership) and Alyeska Investment Group holding 1,400K shares (5.15% ownership).