Roth Capital raised the firm’s price target on Array Technologies (ARRY) to $9 from $6 and keeps a Neutral rating on the shares. The company delivered a mixed Q3 and weak implied Q4 EBITDA guide, though bookings were strong at $500M for a 1.3x book-to-bill, the analyst tells investors in a research note. The management has a reasonable path to return to normalized EBITDA margins of mid-to-high teens percentage in 2026, the firm added.
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