Roth MKM Maintains Neutral on Sunworks, Lowers Price Target to $1.2
Portfolio Pulse from richadhand@benzinga.com
Roth MKM analyst Philip Shen has maintained a Neutral rating on Sunworks (NASDAQ:SUNW) and lowered the price target from $1.7 to $1.2.
August 16, 2023 | 1:51 pm
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Sunworks' price target has been lowered from $1.7 to $1.2 by Roth MKM, while maintaining a Neutral rating.
The lowering of the price target by Roth MKM indicates a less optimistic outlook for Sunworks' stock in the short term. This could potentially lead to a decrease in the stock's price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100