B. Riley Securities Maintains Buy on Ameresco, Lowers Price Target to $62
Portfolio Pulse from richadhand@benzinga.com
B. Riley Securities analyst Christopher Souther has maintained a 'Buy' rating on Ameresco (NYSE:AMRC), but lowered the price target from $63 to $62.
June 30, 2023 | 1:28 pm
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Ameresco's price target has been lowered from $63 to $62 by B. Riley Securities, though the 'Buy' rating is maintained.
The lowering of the price target could indicate a slightly less optimistic outlook for Ameresco, which may impact investor sentiment. However, the maintained 'Buy' rating suggests that the analyst still sees potential upside, which could balance out any negative impact.
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IMPORTANCE 70
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