JP Morgan Maintains Overweight on Array Technologies, Lowers Price Target to $20
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Paul Coster maintains an Overweight rating on Array Technologies but lowers the price target from $22 to $20.
October 17, 2024 | 2:31 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
JP Morgan has maintained its Overweight rating on Array Technologies but has reduced the price target from $22 to $20, indicating a slightly less optimistic outlook.
The maintenance of an Overweight rating suggests continued confidence in Array Technologies, but the lowered price target indicates a tempered outlook, which could lead to a slight negative impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100