Roth MKM Maintains Buy Rating for Tigo Energy: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Roth MKM has maintained its Buy rating for Tigo Energy (NASDAQ:TYGO) but lowered its price target from $21.00 to $11.00. Tigo Energy's shares are currently trading at $5.34, up 0.75% over the last 24 hours. A move to $11.00 would represent a 105.99% increase from the current share price.
October 10, 2023 | 5:00 pm
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Roth MKM maintains its Buy rating for Tigo Energy but lowers its price target. This could potentially lead to increased investor interest.
The maintained Buy rating indicates that Roth MKM still sees potential in Tigo Energy. However, the lowered price target suggests a more conservative outlook on the stock's future performance. This could attract investors looking for potential growth stocks.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100