Analyst Scoreboard: 11 Ratings For Array Technologies
Portfolio Pulse from Benzinga Insights
Analysts have provided mixed ratings for Array Technologies (NASDAQ:ARRY) over the past three months, with a recent decrease in the average 12-month price target by 6.06%. The company's financials show a significant decline in revenue growth and challenges in profitability and asset utilization.
June 28, 2024 | 3:00 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Array Technologies has received mixed ratings from analysts, with a recent decrease in the average 12-month price target by 6.06%. The company's financials show a significant decline in revenue growth and challenges in profitability and asset utilization.
The mixed analyst ratings and the decrease in the average price target indicate a negative sentiment towards Array Technologies. Additionally, the company's financial challenges, including a significant decline in revenue growth and poor profitability metrics, are likely to exert downward pressure on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100