Stock Track | Array Technologies Surges 5.39% Pre-market on Seaport Research Upgrade to Buy

Stock Track11-10

Array Technologies Inc. (ARRY) stock soared 5.39% in pre-market trading on Monday, signaling a strong start to the week for the solar tracking systems manufacturer. The significant uptick comes as investors react positively to a notable analyst upgrade.

Seaport Research analyst Tom Curran has upgraded Array Technologies from Neutral to Buy, simultaneously setting a price target of $12 for the stock. This bullish stance from a respected market analyst appears to be the primary driver behind the pre-market surge, as it often indicates increased confidence in a company's future prospects.

While specific details about the rationale behind the upgrade were not immediately available, such moves typically reflect an analyst's optimistic outlook on a company's financial health, market position, or growth potential. Investors will likely be watching closely for any additional information or commentary from Seaport Research to further understand the factors contributing to this positive assessment of Array Technologies.

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