Northland Capital Markets Downgrades Emeren Group to Underperform, Announces $1.5 Price Target
Portfolio Pulse from Benzinga Newsdesk
Northland Capital Markets has downgraded Emeren Group (NYSE:SOL) from Market Perform to Underperform, with a new price target of $1.5.
May 24, 2024 | 5:15 pm
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NEGATIVE IMPACT
Northland Capital Markets has downgraded Emeren Group from Market Perform to Underperform, with a new price target of $1.5. This downgrade could negatively impact the stock price in the short term.
The downgrade from Market Perform to Underperform and the low price target of $1.5 suggest a negative outlook for Emeren Group. This is likely to lead to a decrease in investor confidence and a short-term decline in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100