Altus Power, Inc. Announces Fourth Quarter and Full Year 2023 Financial Results

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Altus Power (AMPS) PT Lowered to $6 at JPMorgan

March 15, 2024 7:17 AM EDT

JPMorgan analyst Mark Strouse lowered the price target on Altus Power (NYSE: AMPS) to $6.00 (from $7.00) while maintaining a Overweight rating.

The analyst comments "AMPS reported 4Q PF EBITDA and revenue below expectations, predominately owing to poor weather conditions across many operating... More