Roth MKM Maintains Buy on Altus Power, Lowers Price Target to $7
Portfolio Pulse from Benzinga Newsdesk
Roth MKM analyst Justin Clare maintains a Buy rating on Altus Power (NYSE:AMPS) but lowers the price target from $8 to $7.

March 15, 2024 | 2:09 pm
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NEUTRAL IMPACT
Roth MKM maintains a Buy rating on Altus Power but lowers the price target from $8 to $7.
While the reduction in price target from $8 to $7 by Roth MKM could be seen as a negative signal, the maintenance of a Buy rating suggests a continued positive outlook on Altus Power's fundamentals. This mixed signal might lead to a neutral short-term impact on AMPS's stock price as investors weigh the lowered price target against the analyst's continued confidence in the company.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100