Baird Maintains Outperform on Ameresco, Raises Price Target to $32
Portfolio Pulse from Benzinga Newsdesk
Baird analyst Ben Kallo has maintained an Outperform rating on Ameresco (NYSE:AMRC) and increased the price target from $28 to $32, indicating a positive outlook on the company's stock.
May 09, 2024 | 10:44 am
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Baird analyst Ben Kallo reaffirms an Outperform rating on Ameresco and raises the price target to $32 from $28.
The increase in price target by Baird reflects a strong confidence in Ameresco's future performance. Such a positive adjustment from a reputable analyst is likely to instill confidence among investors, potentially driving the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100