Array Technologies shares are trading higher after Wells Fargo maintained an Overweight rating on the stock and raised its price target from $28 to $31.
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo has maintained an Overweight rating on Array Technologies and raised its price target from $28 to $31. This has led to an increase in Array Technologies' share prices.
August 11, 2023 | 6:50 pm
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Array Technologies' shares are trading higher after Wells Fargo maintained an Overweight rating and raised its price target from $28 to $31.
The Overweight rating maintained by Wells Fargo indicates a positive outlook for Array Technologies. The increase in the price target from $28 to $31 suggests that Wells Fargo expects the company's stock to outperform, which is likely to attract investors and drive up the share price in the short term.
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IMPORTANCE 80
RELEVANCE 100