HC Wainwright & Co. initiates coverage of Energous with Buy rating, $15 price target
HC Wainwright initiated coverage of Energous with a Buy rating and $15 price target, implying 77.7% upside from the Oct 26 close of $8.44. The company is shifting to enterprise solutions, leveraging its WPN tech for IoT, and has seen strong initial commercial momentum with Fortune 10 customers.


