Barclays Initiates Coverage On Ormat Technologies with Equal-Weight Rating, Announces Price Target of $89
Portfolio Pulse from richadhand@benzinga.com
Barclays analyst Derek Podhaizer initiates coverage on Ormat Technologies (NYSE:ORA) with an Equal-Weight rating and announces a price target of $89.
May 22, 2023 | 9:16 am
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Barclays initiates coverage on Ormat Technologies with an Equal-Weight rating and a price target of $89.
Barclays' initiation of coverage on Ormat Technologies with an Equal-Weight rating suggests a neutral outlook for the stock. The price target of $89 indicates the analyst's expectation for the stock's future performance. This news is directly related to ORA and is important for investors, but the neutral rating suggests no significant short-term price movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100