UPDATE: Benchmark Starts TPI Composites (TPIC) at Buy

(updated to add PT, comment)

Benchmark analyst Michael Legg initiates coverage on TPI Composites (NASDAQ: TPIC) with a Buy rating, price target $30.00.

The analyst comments "TPIC is a large-scale contract manufacturer with expertise in the design and fabrication of large composite structures, with a 14% share of the wind blade supplier market and further positioned to capitalize on lightweight transportation structures."

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 $18.43 yesterday.

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