Piper Sandler Maintains Overweight on Ameresco, Lowers Price Target to $30
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Kashy Harrison maintains an Overweight rating on Ameresco (AMRC) but lowers the price target from $32 to $30.

April 11, 2024 | 11:41 am
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Piper Sandler maintains an Overweight rating on Ameresco but lowers the price target from $32 to $30.
The adjustment in price target by Piper Sandler reflects a slight change in valuation expectation for Ameresco, though the Overweight rating indicates continued positive outlook. The reduction in price target may cause short-term concern among investors, potentially leading to minor price adjustments. However, the maintained Overweight rating suggests underlying confidence in the company's fundamentals and growth prospects.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100