Piper Sandler Reiterates Neutral on Array Technologies, Lowers Price Target to $8
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Kashy Harrison has reiterated a Neutral rating on Array Technologies (NASDAQ:ARRY) and lowered the price target from $14 to $8.
August 09, 2024 | 1:50 pm
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Piper Sandler has reiterated a Neutral rating on Array Technologies and significantly lowered the price target from $14 to $8.
The significant reduction in the price target from $14 to $8 by Piper Sandler suggests a bearish outlook on Array Technologies. This is likely to negatively impact the stock price in the short term as investors react to the lowered expectations.
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