BMO keeps market perform on Stem and Array, lowers both price targets
BMO Capital kept Market Perform ratings on Stem and Array Technologies while cutting price targets for both stocks. Source: Dow Jones Newswires, citing Benzinga.
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what happened
BMO Capital kept its Market Perform rating on Stem and lowered its price target to $5.00 per share from $8.00. Dow Jones Newswires reported the change, citing Benzinga's ratings data.
On the same day, BMO Capital also maintained its Market Perform rating on Array Technologies and cut its price target on the shares to $6.00 from $7.00.
why it matters
Actions like these are routine analyst updates and usually concern individual companies rather than the broader market. Still, two cuts to price targets for solar equipment makers in one session may point to a more cautious analyst view of the sector. A Market Perform rating corresponds to a neutral view of the shares.
tags
instruments
sources
- Stem Is Maintained at Market Perform by BMO Capital — Dow Jones Newswires, 21 October 2026 at 17:47 UTC
- Array Technologies Is Maintained at Market Perform by BMO Capital — Dow Jones Newswires, 21 October 2026 at 17:46 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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