Array Technologies Inc. (ARRY) Tops Q4 EPS by 10c ; Offers Guidance

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Array Technologies (ARRY) PT Lowered to $16 at Citi, '2023 Was a Gift That Will Likely Keep Giving'

February 28, 2024 3:21 AM EST

Citi analyst Vikram Bagri lowered the price target on Array Technologies (NASDAQ: ARRY) to $16.00 (from $16.50) while maintaining a Neutral rating.

The analyst comments "Negative. ARRY reported 4Q23 adjusted EPS largely in-line with our estimates (excl IRA benefit). Revenues exceeded our forecast, offset... More