B of A Securities analyst Julien Dumoulin-Smith downgrades Ormat Technologies (NYSE:ORA) from Buy to Neutral and lowers the price target from $94 to $75.
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According to Benzinga Pro, during Q2, Ormat Technologies (NYSE:ORA) earned $28.62 million, a 42.63% increase from the preceding quarter. Ormat Technologies's sales decreased to $146.90 million, a 11.69% change since Q1.
According to Benzinga Pro, during Q2, Ormat Technologies (NYSE:ORA) earned $28.62 million, a 42.63% increase from the preceding quarter. Ormat Technologies's sales decreased to $146.90 million, a 11.69% change since Q1.
After pulling data from Benzinga Pro it seems like during Q2, Ormat Technologies (NYSE:ORA) earned $28.62 million, a 42.63% increase from the preceding quarter. Ormat Technologies's sales decreased to $146.90 million, a 11.69% change since Q1.
On August 4, 2021, Ormat Technologies (NYSE:ORA) declared a dividend payable on September 1, 2021 to its shareholders. Ormat Technologies also announced that shareholders on the company's books on or before August 18, 2021 are entitled to the dividend.
Ormat Technologies, Inc.1 (NYSE:ORA) today announced that it has signed a Long-Term Resource Adequacy agreement with Pacific Gas and Electric Company (PG&E) for its 20MW/40MWh Pomona-2 facility that is currently