Northland Capital Markets Maintains Outperform on Emeren Group, Lowers Price Target to $6
Portfolio Pulse from Benzinga Newsdesk
Northland Capital Markets has maintained an Outperform rating on Emeren Group (NYSE:SOL) but lowered the price target from $9.5 to $6.

September 01, 2023 | 3:20 pm
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Emeren Group's price target has been lowered from $9.5 to $6 by Northland Capital Markets, though the Outperform rating is maintained.
The lowering of the price target for Emeren Group by Northland Capital Markets indicates a potential decrease in the stock's value in the short term. However, the maintenance of the Outperform rating suggests that the stock is still expected to outperform the market or its sector. This could lead to mixed reactions in the market, but the lowered price target is likely to have a negative impact on the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100