Mizuho Initiates Coverage On Array Technologies with Neutral Rating, Announces Price Target of $19
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Maheep Mandloi has initiated coverage on Array Technologies (NASDAQ: ARRY) with a Neutral rating and set a price target of $19 for the company's stock.
November 21, 2023 | 9:05 am
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NEUTRAL IMPACT
Mizuho analyst Maheep Mandloi initiated coverage on Array Technologies with a Neutral rating and a price target of $19.
The initiation of coverage by Mizuho with a Neutral rating suggests a balanced view on the stock, without a strong conviction towards either an upside or downside. The price target of $19 provides a benchmark for investors but does not imply significant short-term movement. Therefore, the impact on the stock price is likely to be neutral in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100