Morgan Stanley Maintains Underweight on Array Technologies, Lowers Price Target to $16
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Stephen Byrd has maintained an Underweight rating on Array Technologies (NASDAQ:ARRY) and lowered the price target from $17 to $16.
July 17, 2023 | 1:18 pm
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NEGATIVE IMPACT
Morgan Stanley has maintained an Underweight rating on Array Technologies and lowered the price target from $17 to $16.
The lowered price target by Morgan Stanley indicates a bearish outlook for Array Technologies. This could potentially lead to a decrease in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100