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Array Technologies (NASDAQ:ARRY)

Number of Downgrades
21 (in the last 90 days)
Consensus Rating
Hold
Rating Score
2.5
Ratings Breakdown
12 Buy Ratings, 10 Hold Ratings, 1 Sell Ratings.
Consensus Price Target
$12.73 (89.9% Upside)

About Array Technologies

Array Technologies logoArray Technologies, Inc manufactures and sells ground-mounting tracking systems used in solar energy projects in the United States, Spain, Brazil, Australia, and internationally. The company operates in two segments, Array Legacy Operations and STI Operations. Its products portfolio includes DuraTrack HZ v3, a single axis tracker; Array STI H250 that delivers a lower levelized cost of energy with tracker system; Array OmniTrack; and SmarTrack, a software product that uses site-specific historical weather and energy production data in combination with machine learning algorithms to identify the optimal position for a solar array in real time to enhance energy production. Read More 
 

Recent Analyst Ratings

DateBrokerageActionRatingPrice TargetDetails
10/22/2024Piper SandlerLower Price TargetNeutral ➝ Neutral$8.00 ➝ $7.00
10/17/2024JPMorgan Chase & Co.Lower Price TargetOverweight ➝ Overweight$22.00 ➝ $20.00
10/16/2024SusquehannaLower Price TargetPositive ➝ Positive$14.00 ➝ $10.00
10/16/2024Truist FinancialLower Price TargetBuy ➝ Buy$12.00 ➝ $10.00
10/14/2024BMO Capital MarketsLower Price TargetMarket Perform ➝ Market Perform$11.00 ➝ $9.00
10/4/2024GuggenheimLower Price TargetBuy ➝ Buy$14.00 ➝ $12.00
10/3/2024BarclaysLower Price TargetOverweight ➝ Overweight$11.00 ➝ $10.00
9/4/2024Jefferies Financial GroupUpgradeHold ➝ Buy$11.00
8/16/2024ScotiabankLower Price TargetSector Outperform ➝ Sector Outperform$17.00 ➝ $12.00
8/16/2024GuggenheimLower Price TargetBuy ➝ Buy$18.00 ➝ $14.00
 

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