Guggenheim analyst Joseph Osha maintains $Array Technologies (ARRY.US)$ with a buy rating, and adjusts the target price from $14 to $12.
According to TipRanks data, the analyst has a success rate of 52.7% and a total average return of 21.1% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Array Technologies (ARRY.US)$'s main analysts recently are as follows:
The expectation is that delays and challenges will persist into the following year, with the installation pace expected to remain relatively stable or experience modest growth, which may not accurately represent the actual demand for solar products. Looking towards 2025, the market for solar trackers in the U.S. is anticipated to become more competitive as companies vie for market share, which could lead to pressure on average selling prices and profit margins.
The firm has reduced its estimates for 2024, suggesting that unexpected developments may arise in the fourth quarter. Despite this, the firm maintains its 2025 forecast and observes that the stock still appears to be valued attractively.
Note:
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Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
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Guggenheim分析师Joseph Osha维持$Array Technologies (ARRY.US)$买入评级,并将目标价从14美元下调至12美元。
根据TipRanks数据显示,该分析师近一年总胜率为52.7%,总平均回报率为21.1%。
此外,综合报道,$Array Technologies (ARRY.US)$近期主要分析师观点如下:
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