Guggenheim Maintains Buy on Array Technologies, Lowers Price Target to $12
Portfolio Pulse from Benzinga Newsdesk
Guggenheim analyst Joseph Osha maintains a Buy rating on Array Technologies but lowers the price target from $14 to $12.
October 04, 2024 | 5:09 pm
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NEUTRAL IMPACT
Guggenheim's analyst Joseph Osha continues to recommend buying Array Technologies, but has reduced the price target from $14 to $12, indicating a more cautious outlook.
The maintained Buy rating suggests confidence in the company's prospects, but the lowered price target indicates a tempered expectation of growth. This mixed signal may lead to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100