The Latest Analyst Ratings For Array Technologies
Portfolio Pulse from Benzinga Insights
Over the past three months, 13 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 23.63%, with a current average target of $14.38. Analysts have predominantly lowered their ratings and price targets, reflecting a negative shift in sentiment.
August 09, 2024 | 6:02 pm
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NEGATIVE IMPACT
Array Technologies has experienced a negative shift in analyst sentiment, with the average 12-month price target decreasing by 23.63% to $14.38. Multiple analysts have lowered their ratings and price targets, indicating concerns about the company's future performance.
The significant decrease in the average price target and the fact that multiple analysts have lowered their ratings and price targets suggest a negative outlook for Array Technologies in the short term. This is likely to impact the stock price negatively.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100