Roth MKM Maintains Buy on Tigo Energy, Lowers Price Target to $11
Portfolio Pulse from Benzinga Newsdesk
Roth MKM analyst Philip Shen maintains a Buy rating on Tigo Energy (NASDAQ:TYGO) but has lowered the price target from $21 to $11.
October 10, 2023 | 2:34 pm
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NEUTRAL IMPACT
Roth MKM has maintained a Buy rating on Tigo Energy but lowered the price target from $21 to $11.
The news is directly related to Tigo Energy. While the maintained Buy rating is positive, the lowered price target could have a negative impact. However, the overall impact is neutral as the lowered price target might have already been priced in by the market.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100