Array Unveils SkyLink Tracker System to Maximize Solar Efficiency in Extreme Weather & Reduce Costs

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Roth/MKM Downgrades Array Technologies (ARRY) to Neutral

August 9, 2024 7:02 AM EDT

Roth/MKM analyst Philip Shen downgraded Array Technologies (NASDAQ: ARRY) from Buy to Neutral with a price target of $8.00 (from $20.00).

The analyst comments "ARRY delivered a Q2 beat/weak Q3 outlook. We had previewed here the potential for a 2024 guidedown: Management lowered its... More