B. Riley analyst Josh Nichols downgraded Gauzy to Neutral from Buy with a price target of $2.25, down from $10. The firm also dropped coverage of the name. This follows Gauzy's announcement that it is postponing its Q3 earnings release due to a court-ordered French insolvency proceeding. With minimal disclosure, the binary restructuring outcome, and uncertainty around operational continuity, the company's path forward is unclear, the analyst tells investors in a research note.
