Raymond James Maintains Outperform Rating for TPI Composites: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Raymond James has maintained its Outperform rating for TPI Composites (NASDAQ:TPIC) but lowered its price target from $22.00 to $17.00. TPI Composites' shares are currently trading down 0.39% at $10.14 per share. A move to $17.00 would represent a 67.65% increase from the current share price.
July 12, 2023 | 5:01 pm
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Raymond James has maintained its Outperform rating for TPI Composites but lowered its price target. This could potentially lead to increased volatility in the short term.
The decision by Raymond James to maintain its Outperform rating indicates a positive outlook for TPI Composites. However, the lowering of the price target could introduce uncertainty among investors, potentially leading to increased volatility in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100