Truist Securities Maintains Buy on Array Technologies, Lowers Price Target to $12
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Jordan Levy maintains a Buy rating on Array Technologies (NASDAQ:ARRY) but lowers the price target from $23 to $12.
August 12, 2024 | 12:53 pm
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Truist Securities maintains a Buy rating on Array Technologies but lowers the price target from $23 to $12.
The Buy rating suggests continued confidence in the company's long-term prospects, but the significant reduction in the price target indicates concerns about short-term performance or market conditions.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100