tiprankstipranks

Array Technologies price target raised to $22 from $20 at Guggenheim

Guggenheim raised the firm’s price target on Array Technologies to $22 from $20 and keeps a Buy rating on the shares. Following quarter-end checks, the analyst believes the company’s more aggressive pricing stance should yield additional bookings strength in Q1. The firm finds it reasonable to expect another quarter of strong bookings when the company reports Q1 results.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue