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Array Technologies price target raised to $11 from $10 at UBS

UBS analyst Jon Windham raised the firm’s price target on Array Technologies (ARRY) to $11 from $10 and keeps a Buy rating on the shares. The Q1 report was a positive given strong order book growth and further underscores commentary from Array’s peers around the strong pace of U.S. utility-scale solar project development, the analyst tells investors in a research note.

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