Goldman Sachs Raises Target for Ceres Power Holdings, Driving Share Price Higher
Ceres Power Holdings PLC (LSE:CWR) shares surged 23% following a target price increase by Goldman Sachs from 530p to 670p. The move highlights growing confidence in Ceres' solid oxide fuel cell technology, particularly with rising demand from data centers and energy-intensive industries. The company has seen significant share price growth over the past year, driven by new partnerships and product launches.
Topics: analyst rating Ceres Power Holdings PLC Goldman Sachs solid oxide fuel cell stock price movement