JPMorgan Defends TPI Composites (TPIC), Upgrades to Overweight

March 5, 2019 2:46 AM EST
Get Alerts TPIC Hot Sheet
Price: $39.14 +2.27%

Rating Summary:
    12 Buy, 4 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 18 | Down: 11 | New: 8
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JPMorgan analyst Paul Coster upgraded TPI Composites (NASDAQ: TPIC) from Neutral to Overweight with a price target of $34.00.

  • Says pullback creates an attractive entry point.
  • Believes equity sold off on risks related to customer restructuring and labor dispute in Mexico.
  • Believes risks are now priced in.

For an analyst ratings summary and ratings history on TPI Composites click here. For more ratings news on TPI Composites click here.

Shares of TPI Composites closed at $27.50 yesterday.

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