JP Morgan Maintains Neutral on Ormat Technologies, Raises Price Target to $75
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Mark Strouse maintains a Neutral rating on Ormat Technologies (NYSE:ORA) and raises the price target from $69 to $75.

July 16, 2024 | 3:27 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
JP Morgan analyst Mark Strouse maintains a Neutral rating on Ormat Technologies and raises the price target from $69 to $75.
The raised price target from $69 to $75 indicates a positive outlook on Ormat Technologies' future performance, which could lead to a short-term increase in stock price. However, the Neutral rating suggests that the stock may not outperform the market significantly.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100