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Ameresco price target lowered to $21 from $30 at Piper Sandler

Piper Sandler analyst Kashy Harrison lowered the firm’s price target on Ameresco (AMRC) to $21 from $30 and keeps an Overweight rating on the shares. The firm cites a solid start to 2025 as Ameresco beat EBITDA by 14% on higher revenues driven by better execution within the Projects segment.

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