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FTC Solar price target raised to $6.50 from $5 at TD Cowen

TD Cowen raised the firm’s price target on FTC Solar (FTCI) to $6.50 from $5 and keeps a Buy rating on the shares. The firm said they posted 2Q results relatively in line with guidance and consensus, but 3Q guidance missed expectations as smaller IPP and EPC customers appear to be delaying bookings amid policy uncertainty.

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