Barclays lowered the firm’s price target on Ormat Technologies to $75 from $82 and keeps an Equal Weight rating on the shares. With the company’s Enel acquisition closed, the analyst update the model to reflect pro forma financials.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on ORA:
- Ormat Technologies, Inc. to Host Conference Call Announcing Fourth Quarter and Year End 2023 Financial Results
- Ormat Technologies price target lowered to $71 from $87 at BofA
- Ormat Technologies closes acquisition of assets from EGPNA
- Ormat Completed the Acquisition of Contracted Operating Geothermal and Solar Assets From Enel Green Power North America
- Ormat Technologies price target lowered to $92 from $95 at UBS