Scotiabank Maintains Sector Outperform on Array Technologies, Lowers Price Target to $12
Portfolio Pulse from Benzinga Newsdesk
Scotiabank analyst Tristan Richardson maintains a Sector Outperform rating on Array Technologies (NASDAQ:ARRY) but lowers the price target from $17 to $12.
August 16, 2024 | 4:52 pm
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Scotiabank maintains a Sector Outperform rating on Array Technologies but lowers the price target from $17 to $12.
The maintained Sector Outperform rating suggests continued confidence in Array Technologies' performance, but the lowered price target indicates some concerns about future growth or market conditions. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100