BofA is adding Array Technologies (ARRY) to the firm’s “US 1 list,” which is intended to represent a collection of the best investment ideas that are drawn from the universe of Buy-rated, U.S.-listed stocks covered by BofA Global Research fundamental equity research analysts. The firm, which keeps a Buy rating and $30 price target on Array shares, notes that the stock currently trades at a discount to peers Nextracker (NXT) and Shoals Technologies (SHLS).
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