NET Power Inc. (NPWR) PT Lowered to $8 at Citi

Citi analyst Ryan Levine lowered the price target on NET Power Inc. (NYSE: NPWR) to $8.00 (from $11.00) while maintaining a Neutral rating.

The analyst comments "We are back from the analyst day where we toured the La Porte demo facility, and met with NPWR & their partners. While we are impressed with sophistication of teams working on the demonstration facilities, the execution risk appears higher than we thought. Lowering TP on higher CoC."

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