Why Array Technologies Shares Rose Today
Array Technologies Inc (NASDAQ: ARRY) shares traded higher Friday despite a lack of company-specific news from the session.
Expert Ratings For Array Technologies
Analysts have provided the following ratings for Array Technologies (NASDAQ:ARRY) within the last quarter:
Barclays Downgrades Array Technologies to Underweight, Lowers Price Target to $15
Barclays analyst Moses Sutton downgrades Array Technologies (NASDAQ:ARRY) from Equal-Weight to Underweight and lowers the price target from $16 to $15.
Truist Securities Initiates Coverage On Array Technologies with Hold Rating, Announces Price Target of $23
Truist Securities analyst Tristan Richardson initiates coverage on Array Technologies (NASDAQ:ARRY) with a Hold rating and announces Price Target of $23.
How Bad Are Array Technologies’s Earnings? | Return On Capital Employed
Pulled from Benzinga Pro data, Array Technologies (NASDAQ:ARRY) posted Q2 earnings of $5.71 million, an increase from Q1 of 56.29%. Sales dropped to $202.80 million, a 17.54% decrease between quarters.
Morgan Stanley Maintains Equal-Weight on Array Technologies, Raises Price Target to $20
Morgan Stanley analyst Stephen Byrd maintains Array Technologies (NASDAQ:ARRY) with a Equal-Weight and raises the price target from $19 to $20.