Buy Rating on Array Technologies Driven by Accounting-Related Margin Optics and Strengthening Developer-Focused Growth Strategy
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Array Technologies received a Buy rating from analyst Jeff Osborne of TD Cowen, with a price target of $12.00. The rating is based on the company's strong earnings durability and a strategic shift towards developers, enhancing market share. Osborne views the anticipated 2026 margin decline as a temporary accounting issue, with core margins remaining stable compared to peers. Guggenheim also maintains a Buy rating with a $13.00 target, reflecting confidence in Array's growth and profitability.
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