Roth Capital Reiterates Buy on American Superconductor, Lowers Price Target to $55
Roth Capital analyst Justin Clare reiterates American Superconductor (NASDAQ:AMSC) with a Buy and lowers the price target from $58 to $55.
Read original at benzingaEconomy · News reference
Shares of electrical equipment companies are trading lower as rising energy prices have reinforced inflation concerns and expectations that interest rates will remain elevated. Also, the FCC ban on Chinese inverters may further increase costs on new projects.
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