Raymond James Maintains Outperform on TPI Composites, Lowers Price Target to $17
Portfolio Pulse from richadhand@benzinga.com
Raymond James analyst Pavel Molchanov maintains an Outperform rating on TPI Composites (NASDAQ:TPIC) but lowers the price target from $22 to $17.

July 12, 2023 | 11:42 am
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Raymond James has maintained an Outperform rating on TPI Composites but lowered the price target from $22 to $17.
The news is directly about TPI Composites. The Outperform rating suggests that the analyst expects the stock to do better than the market average. However, the lowering of the price target might indicate a reduced growth expectation, which could have a neutral impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100