Seaport downgrades Array Technologies on weak recovery, Brazil challenges
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Array Technologies (ARRY) PT Lowered to $7 at Jefferies
March 3, 2025 5:17 AM ESTJefferies analyst Julian Dumoulin-Smith lowered the price target on Array Technologies (NASDAQ: ARRY) to $7.00 (from $8.00) while maintaining a Buy rating.
The analyst comments "Investors, last week, were heavily focused on the EBITDA margin miss, despite strong US bookings (1.5x btb) and rev... More
