Northland Capital Markets Maintains Outperform on Tigo Energy, Lowers Price Target to $21
Portfolio Pulse from jenniferd'souza@benzinga.com
Northland Capital Markets has maintained its 'Outperform' rating on Tigo Energy (NASDAQ:TYGO), but lowered the price target from $25 to $21.

August 09, 2023 | 4:56 pm
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Tigo Energy's price target has been lowered from $25 to $21 by Northland Capital Markets, though the 'Outperform' rating is maintained.
The lowering of the price target by Northland Capital Markets could potentially create a negative sentiment among investors, which might put downward pressure on the stock price. However, the maintenance of the 'Outperform' rating indicates that the analyst still sees potential in the stock, which could counterbalance the negative sentiment to some extent.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100