Morgan Stanley Maintains Underweight on Array Technologies, Raises Price Target to $18
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Stephen Byrd has maintained an Underweight rating on Array Technologies (NASDAQ:ARRY) and raised the price target from $16 to $18.
September 06, 2023 | 1:35 pm
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Morgan Stanley has maintained an Underweight rating on Array Technologies and raised the price target from $16 to $18.
The news is directly about Array Technologies. While the Underweight rating suggests that the stock might underperform, the increase in price target from $16 to $18 indicates a positive outlook. The impact on the stock price in the short term is uncertain, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100