Guggenheim raised the firm’s price target on Array Technologies (ARRY) to $12 from $10 and keeps a Buy rating on the shares following a recent meeting with company management, based on the firm’s belief that Array has resumed positive revenue growth after a period of market share loss and revenue decline.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ARRY: