HC Wainwright & Co. Maintains Buy on Emeren Group, Lowers Price Target to $10
Portfolio Pulse from Benzinga Newsdesk
HC Wainwright & Co. analyst Amit Dayal maintains a Buy rating on Emeren Group (NYSE:SOL) but lowers the price target from $12 to $10.

September 01, 2023 | 10:39 am
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NEUTRAL IMPACT
Emeren Group's price target has been lowered from $12 to $10 by HC Wainwright & Co., though the Buy rating is maintained.
The lowering of the price target by HC Wainwright & Co. could potentially lead to a short-term negative sentiment among investors. However, the maintenance of the Buy rating indicates that the analyst still sees potential in the stock, which could balance out the negative sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100