FTC Solar price target lowered to $5 from $10 at TD Cowen
TD Cowen lowered the firm's price target on FTC Solar (FTCI) to $5 from $10 and keeps a Buy rating on the shares. The firm said FTC Solar delivered solid sequential revenue growth and a rising contracted backlog, but margins remain under pressure due to lack of scale. Management reiterated its 2025 Adj. EBITDA breakeven goal, hinging on 2H project execution.
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FTC Solar price target raised to $3 from 50c at Roth MKM
FTC Solar Reports Q4 2024 Financial Results
FTC Solar: Strong Revenue Growth and Strategic Partnerships Drive Buy Rating Despite Margin Challenges
Rocket acquires Mr. Cooper, Musk's xAI acquires X: Morning Buzz
FTC Solar reports Q4 adjusted EPS (80c), consensus (84c)
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