2020-11-09 07:45:08 ARRY Array Technologies
11/09/20 11/0907:45 11/09/2007:45 | Array Technologies initiated with a Perform at OppenheimerOppenheimer analyst Colin Rusch initiated coverage of Array Technologies with a Perform rating. The analyst views Array as a leader in single-axis tracking platforms with defensible IP in system design and scale advantages as it grows into international markets. He also sees it as a leader in developing artificial intelligence for tracking cloud cover and maximizing system output. However, given this October 2020 IPO's current valuation, even with potential for significant growth, Rusch believes the risk/reward on shares is balanced at current levels. |
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