UBS Maintains Buy on Ormat Technologies, Raises Price Target to $100
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Jon Windham has maintained a Buy rating on Ormat Technologies (ORA) and increased the price target from $95 to $100.
May 14, 2024 | 2:58 pm
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UBS analyst Jon Windham has reaffirmed a Buy rating on Ormat Technologies and raised the price target from $95 to $100, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst like Jon Windham from UBS typically signals a strong conviction in the company's future performance. This endorsement can lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100