Guggenheim Maintains Buy on Array Technologies, Lowers Price Target to $30
Portfolio Pulse from Benzinga Newsdesk
Guggenheim analyst Joseph Osha maintains a Buy rating on Array Technologies (NASDAQ:ARRY) but lowers the price target from $36 to $30.
November 08, 2023 | 8:27 pm
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Array Technologies' price target has been lowered from $36 to $30 by Guggenheim, though the Buy rating is maintained.
The news is directly related to Array Technologies and is likely to influence investor sentiment. While the Buy rating is maintained, the lowering of the price target may indicate a potential decrease in the stock's value. However, the impact on the stock price is uncertain in the short term as the Buy rating suggests continued confidence in the company's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100