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Citi upgrades Array Technologies to Buy from Neutral. Lowered revenue estimate for 2025, cut price target to $14. Array stock jumped 7.6% following positive industry news. Investors worried about near-term challenges, but long-term growth intact. Company expected to maintain 30% gross margin in 2025.
- Citi upgrades Array Technologies to Buy from Neutral.
- Lowered revenue estimate for 2025, cut price target to $14.
- Array stock jumped 7.6% following positive industry news.
- Investors worried about near-term challenges, but long-term growth intact.
- Company expected to maintain 30% gross margin in 2025.
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