JP Morgan Maintains Overweight on Array Technologies, Lowers Price Target to $29
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Mark Strouse maintains an Overweight rating on Array Technologies (NASDAQ:ARRY) but lowers the price target from $35 to $29.
February 28, 2024 | 2:53 pm
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JP Morgan maintains an Overweight rating on Array Technologies but lowers the price target from $35 to $29.
The reduction in price target by JP Morgan, despite maintaining an Overweight rating, could lead to short-term negative sentiment among investors, potentially impacting ARRY's stock price negatively.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100