Northland Securities analyst Donovan Schafer CFA reiterated a Buy rating on FTC Solar (FTCI – Research Report) today and set a price target of $3.80. The company’s shares closed yesterday at $1.20.
According to TipRanks, Schafer CFA is an analyst with an average return of -16.9% and a 25.00% success rate. Schafer CFA covers the Energy sector, focusing on stocks such as Northern Oil And Gas, Hyliion Holdings, and FTC Solar.
Currently, the analyst consensus on FTC Solar is a Moderate Buy with an average price target of $3.26.
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The company has a one-year high of $3.87 and a one-year low of $1.03. Currently, FTC Solar has an average volume of 1.78M.
Based on the recent corporate insider activity of 127 insiders, corporate insider sentiment is neutral on the stock.
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FTC Solar (FTCI) Company Description:
FTC Solar Inc is a global provider of advanced solar tracker systems, supported by proprietary software and value-added engineering services. It focuses on providing differentiated products, software and services that maximize energy generation and cost savings for customers, and to help facilitate the continued growth and adoption of solar power globally.
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