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FTC Solar price target raised to $12.50 from $8 at TD Cowen

TD Cowen raised the firm’s price target on FTC Solar (FTCI) to $12.50 from $8 and keeps a Buy rating on the shares. The firm said they delivered a healthy 3Q25 beat and guided above consensus for 4Q25 while also pointing to positive EBITDA in 2026. The company returned to gross margin positive for the first time since late 2023.

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