Craig-Hallum analyst Eric Stine lowered the firm’s price target on Broadwind to $5 from $6 and keeps a Buy rating on the shares. The firm notes Broadwind reported mixed Q4 results with revenue below expectations, but more importantly with an EBITDA/EPS beat and quarter-over-quarter order improvement. Broadwind did not provide FY24 guidance but did provide an outlook for Q1 2024 shy of the Street, Craig-Hallum adds.
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