Stifel Maintains Buy on Ameresco, Lowers Price Target to $38
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Stephen Gengaro has maintained a 'Buy' rating on Ameresco (NYSE:AMRC), but lowered the price target from $69 to $38.
November 08, 2023 | 9:02 pm
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Ameresco's price target has been lowered from $69 to $38 by Stifel, though the 'Buy' rating is maintained.
The lowering of the price target by Stifel indicates a potential decrease in the short-term value of Ameresco's stock. However, the maintained 'Buy' rating suggests that the stock is still expected to perform well in the long run.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100