UBS analyst Jon Windham downgraded FTC Solar to Neutral from Buy with a price target of $2.50, down from $4. The analyst cries the Q2 results and Q2 guidance miss for the downgrade.
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Read More on FTCI:
- FTC Solar price target lowered to $2.50 from $3.00 at Piper Sandler
- FTC Solar price target lowered to $3.50 from $4.50 at TD Cowen
- FTC Solar announces 1-gigawatt tracker supply agreement with CCE
- FTC Solar announces solar tracker agreement in Italy, Spain
- FTC Solar sees Q3 revenue $24M-$34M, consensus $73.98M
