Truist Securities Maintains Buy on Array Technologies, Lowers Price Target to $30-Report released on 8th Nov 2023
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Jordan Levy maintains a Buy rating on Array Technologies (NASDAQ:ARRY) but lowers the price target from $38 to $30.
November 09, 2023 | 10:20 pm
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NEUTRAL IMPACT
Array Technologies' price target has been lowered from $38 to $30 by Truist Securities, though the Buy rating is maintained.
The news directly pertains to Array Technologies as Truist Securities has lowered its price target for the company. However, the Buy rating is maintained, indicating that the analyst still sees potential in the stock. This could lead to mixed reactions in the market, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100