ARRAY Technologies to Acquire APA Solar

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Go back to ARRAY Technologies to Acquire APA Solar

Oppenheimer weighs in on Array Technologies (ARRY) after deal for APA Solar

June 18, 2025 9:24 AM EDT

Oppenheimer analyst Colin Rusch reiterated an Outperform rating and $13.00 price target on Array Technologies (NASDAQ: ARRY) after the company agreed to acquire APA Solar.

The analyst commented, "ARRY announced the acquisition of racking and pilings company APA Solar for 7.6x TTM EBITDA ex-45X credits. We believe... More