Barclays Maintains Equal-Weight on Ormat Technologies, Lowers Price Target to $75
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Derek Podhaizer maintains an Equal-Weight rating on Ormat Technologies (ORA) and lowers the price target from $82 to $75.

February 05, 2024 | 1:37 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Barclays maintains an Equal-Weight rating on Ormat Technologies and lowers the price target from $82 to $75.
The reduction in price target by Barclays, a major financial institution, could lead to a negative short-term sentiment among investors, potentially causing a decrease in ORA's stock price. The Equal-Weight rating suggests that the stock is expected to perform in line with the market or sector, indicating no strong positive catalysts in the near term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100