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flag Ceres Power shares surged 13.5%-16.2% on Monday despite quarterly loss, boosted by analyst buy ratings and a planned reverse stock split.

flag Ceres Power (LON:CWR) shares rose between 13.5% and 16.2% on Monday, driven by a surge in trading volume, amid continued analyst "Buy" ratings and a target price of GBX 400. flag The company, developing clean energy technologies like green hydrogen and solid oxide fuel cells, operates through a licensing model with partners including Bosch and Doosan. flag Despite reporting a quarterly loss of GBX 10.14 per share and negative profitability metrics, analysts project a full-year loss of about GBX 12.44. flag A reverse stock split is set for November 14.

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