TD Cowen analyst Jeffrey Osborne lowered the firm’s price target on TPI Composites to $8 from $17 and keeps an Outperform rating on the shares. The firm said results came in lower than expected as it continues to focus on its quality improvement initiatives.
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Read More on TPIC:
- TPI Composites lowers FY23 revenue view to ~ $1.5B from $1.53B-$1.58B
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- TPI Composites, Inc. Announces Third Quarter 2023 Earnings Release Date and Conference Call
