B of A Securities Maintains Buy on Ameresco, Lowers Price Target to $53
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Julien Dumoulin-Smith maintains a Buy rating on Ameresco (NYSE:AMRC) but lowers the price target from $59 to $53.
May 18, 2023 | 1:32 pm
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NEUTRAL IMPACT
Ameresco's Buy rating is maintained by B of A Securities, but the price target is lowered from $59 to $53.
The news directly mentions Ameresco (AMRC) and its lowered price target. While the Buy rating is maintained, the reduced price target may have a neutral impact on the stock price in the short term, as investors may see it as a sign of reduced growth potential.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100