T1 Energy is trading 5.48% down at $3.71; Northland Capital Markets' October 5 target cut is a plausible catalyst, though the source does not explicitly link it to the decline. - Northland lowered its price target to $9 from $16 while maintaining an Outperform rating. - The report expects revenue targets to be met but EBITDA to fall short, citing no 45X credit sales in Q3 and weak profitability. It also noted funding needs for the G2 project.