Baird analyst Timothy Wojs raised the firm’s price target on Tecnoglass to $50 from $42 and keeps an Outperform rating on the shares. The analyst said 2023 guidance was nicely above Street estimates and we believe contains several levers for potential upside, including stronger Residential contributions, continued Commercial momentum, and incremental capital deployment.
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- Tecnoglass Reports Record Fourth Quarter and Full Year 2022 Results
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