UBS Maintains Buy on Array Technologies, Lowers Price Target to $16
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Jon Windham maintains a Buy rating on Array Technologies (NASDAQ:ARRY) but lowers the price target from $24 to $16.

August 09, 2024 | 2:49 pm
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NEUTRAL IMPACT
UBS analyst Jon Windham maintains a Buy rating on Array Technologies but lowers the price target from $24 to $16.
The Buy rating suggests continued confidence in the company's long-term prospects, but the lowered price target indicates a more cautious short-term outlook. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100