Mizuho Maintains Neutral on Array Technologies, Raises Price Target to $20
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Maheep Mandloi has maintained a Neutral rating on Array Technologies (NASDAQ: ARRY) and increased the price target from $19 to $20.

January 03, 2024 | 8:14 pm
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NEUTRAL IMPACT
Mizuho analyst Maheep Mandloi maintains a Neutral rating on Array Technologies but raises the price target from $19 to $20.
The increase in price target from $19 to $20 by Mizuho suggests a slightly more optimistic outlook on the stock's value, but the maintenance of a Neutral rating indicates that the analyst does not see significant short-term movement. This could lead to a modest positive sentiment among investors, but it is unlikely to cause a major shift in stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100