JP Morgan Maintains Overweight on TPI Composites, Lowers Price Target to $9
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Mark Strouse has maintained an Overweight rating on TPI Composites (NASDAQ:TPIC) but has lowered the price target from $12 to $9.
October 19, 2023 | 7:26 pm
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JP Morgan has maintained an Overweight rating on TPI Composites but lowered the price target from $12 to $9.
The lowering of the price target by JP Morgan, a major financial institution, could lead to a decrease in investor confidence in TPI Composites, potentially leading to a short-term decrease in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100