Tigo Energy initiated with a Buy at H.C. Wainwright

H.C. Wainwright initiated coverage of Tigo Energy with a Buy rating and $5 price target. Tigo serves a global customer base with its solar power hardware and software systems, catering to residential, commercial, industrial, and utility sectors, the analyst tells investors in a research note. The firm says the company offers multiple solutions for solar deployments that are differentiated through design, safety, and efficiency features.