Piper Sandler analyst Kashy Harrison raised the firm’s price target on TPI Composites to $15 from $12 and keeps a Neutral rating on the shares post the Q4 results. Following the Treasury wind market guidance, the analyst expects an uptick in orders which should drive revenue growth in 2024 and 2025 for TPI Composites.
Published first on TheFly
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Read More on TPIC:
- TPI Composites Announces Proposed Offering of $100 Million Convertible Senior Notes
- TPI Composites upgraded to Buy from Underperform at BofA
- TPI Composites sees FY23 revenue $1.6B-$1.7B, consensus $1.66B
- TPI Composites reports Q4 EPS ($1.38), consensus (69c)
- TPI Composites, Inc. Delivers Solid Close to a Challenging Year – Restructuring Plans on Track to Position TPI for the Future
