UBS raised the firm’s price target on Array Technologies (ARRY) to $15 from $9 and keeps a Buy rating on the shares. Array is well-positioned to benefit from significant demand for U.S.utility-scale solar to meet load growth demand from AI data centers and large technology companies, the analyst tells investors in a research note. The firm sees continued growth in Array’s orderbook despite lingering concerns related to potential upcoming FEOC guidance and Section 232 tariffs on U.S. polysilicon and derivative product imports.
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