Tigo Energy price target raised to $6 from $3 at H.C. Wainwright

H.C. Wainwright raised the firm’s price target on Tigo Energy (TYGO) to $6 from $3 and keeps a Buy rating on the shares. The firm cites the company’s stronger than expected 2025 outlook and Q2 results for the target increase. Investors are missing that roughly 80% of Tigo’s revenues are generated outside the U.S. and that One Big Beautiful Bill Act-driven changes to U.S. solar deployment incentives are only a small portion of the company’s revenue mix, the analyst tells investors in a research note.