Morgan Stanley Upgrades Array Technologies to Equal-Weight, Raises Price Target to $23
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Andrew Percoco has upgraded Array Technologies (NASDAQ:ARRY) from Underweight to Equal-Weight and raised the price target from $18 to $23.
October 17, 2023 | 10:19 am
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Array Technologies has been upgraded by Morgan Stanley from Underweight to Equal-Weight, with a raised price target from $18 to $23.
The upgrade from Morgan Stanley is a positive signal for Array Technologies. The raised price target indicates an expected increase in the stock's value, which could lead to a short-term positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100