Barclays analyst Derek Podhaizer lowered the firm’s price target on Ormat Technologies to $73 from $75 and keeps an Equal Weight rating on the shares. The company reported a positive quarter but questions still mount around its cash flow and leverage, the analyst tells investors in a research note.
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Read More on ORA:
- Ormat Technologies price target raised to $76 from $70 at TD Cowen
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- Ormat Technologies reports Q1 EPS 64c, consensus 63c
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