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Piper Sandler Sticks to Its Hold Rating for TPI Composites (TPIC)
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Piper Sandler Sticks to Its Hold Rating for TPI Composites (TPIC)

Piper Sandler analyst Kashy Harrison maintained a Hold rating on TPI Composites (TPICResearch Report) today and set a price target of $4.00. The company’s shares closed yesterday at $3.11.

According to TipRanks, Harrison is ranked #8531 out of 8585 analysts.

In addition to Piper Sandler, TPI Composites also received a Hold from Craig-Hallum’s Eric Stine in a report issued on December 15. However, on December 14, TD Cowen maintained a Buy rating on TPI Composites (NASDAQ: TPIC).

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The company has a one-year high of $14.80 and a one-year low of $1.63. Currently, TPI Composites has an average volume of 2.19M.

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TPI Composites (TPIC) Company Description:

TPI Composites, Inc. is a holding company, which engages in the manufacture of composite wind blades for the wind energy market. It operates through the following segments: United States (US); Asia; Mexico; and Europe, the Middle East, and Africa (EMEA). The US segment includes the production of wind blades in Newton, Iowa plant; and manufacturing of precision molding and assembly systems used for the manufacture of wind blades in Warren, Rhode Island facility, and composite solutions for the transportation industry. The Asia segment produces wind blades in Taicang Port, Dafeng, and Yangzhou, China facilities. The Mexico segment focuses its operation of wind blades in Juárez and Matamoros, Mexico. The EMEAI segment offers wind blades from two facilities in Izmir, Turkey; and also performs wind blade inspection and repair services. The company was founded by Everett Pearson and Neil Tillotson in 1968 and is headquartered in Scottsdale, AZ.

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