Navigating 11 Analyst Ratings For Array Technologies
Portfolio Pulse from Benzinga Insights
In the last three months, 11 analysts have shared their evaluations of Array Technologies (NASDAQ:ARRY), showing a range of sentiments from bullish to bearish. The average 12-month price target has decreased by 12.72%, with a current average target of $17.36. Analysts have adjusted their ratings and price targets in response to recent developments, with several lowering their targets. Array Technologies faces challenges with revenue growth, net margin, ROE, ROA, and debt management.
July 16, 2024 | 4:00 pm
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NEGATIVE IMPACT
Array Technologies has received mixed analyst ratings over the past three months, with a notable decrease in the average 12-month price target by 12.72%. The company faces significant challenges in revenue growth, net margin, ROE, ROA, and debt management.
The decrease in the average price target by 12.72% and the mixed analyst ratings indicate a negative sentiment towards Array Technologies. The company's financial challenges, including a significant revenue decline and poor financial metrics, further support a likely short-term negative impact on the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100