A 21-year-old woman was taken to Forth Valley Royal Hospital with non-life threatening injuries following the attack on Saturday night.
A 29-year-old man has been arrested and charged after the incident, which took place at around 8:20pm.
Police Scotland have put out an updated statement, saying the suspect is white and lives in the local area. This was in response to misinformation spreading online about the attacker's identity.
Chief Inspector Liam Harman said: “We fully appreciate the impact this incident has had in the local community and appreciate the support provided to our investigation.
“This is being treated as an isolated incident and there is no wider risk to the public.
“We are aware of speculation and false information circulating on social media regarding this incident. I would urge people not to add to this speculation.”
The First Minister has also weighed in on the incident.
Posting on the social media platform X, John Swinney said: "This is a serious incident and my thoughts are with the victim. This is an isolated incident and I have been advised there is no wider threat to the public. I would encourage everyone to refrain from unhelpful speculation on social media."
The man is due to appear at Stirling Sheriff Court today.
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