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Ameresco price target raised to $66 from $62 at Piper Sandler

Piper Sandler analyst Kashy Harrison raised the firm’s price target on Ameresco to $66 from $62 and keeps an Overweight rating on the shares. Heading into the Q2 renewable and alternative energy reporting season, the analyst maintains a preference for onshoring, large-scale project development. Piper highlights First Solar (FSLR), Solaredge Technologies (SEDG) and Ameresco (AMRC) as favorites within its coverage.

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