Shares of Fluence Energy, Inc. (FLNC) are soaring 5.10% in pre-market trading on Tuesday, following a positive adjustment in analyst outlook. The energy storage technology company's stock is attracting investor attention amid renewed optimism from Wall Street.

The catalyst for this upward movement appears to be UBS's decision to raise its price target for Fluence Energy. The investment bank has increased its target from $4.50 to $6.00, while maintaining a neutral rating on the stock. This adjustment represents a significant 33% increase in the price target, signaling improved confidence in the company's prospects.

Adding to the positive sentiment, a broader look at analyst opinions reveals an encouraging outlook for Fluence Energy. According to data from FactSet, the average rating for FLNC stock is "overweight," with a mean price target of $7.44. This consensus target suggests potential upside from the stock's current trading levels, which may be contributing to the pre-market enthusiasm among investors.