EnerSys (ENS) reduces workforce by 575 employees, expecting $80 million in annualized savings. Analysts maintain positive outlook, with Roth MKM maintaining a ‘Buy’ rating and $120 price target. EnerSys serves industrial, defense, and telecom sectors with its energy solutions, listed as a cheap lithium stock. No promotional content included.

Read more at Yahoo Finance: EnerSys (ENS) Reduces Workforce by 575 Employees; Expects $80 million in Annualized Savings