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Fly News Breaks for August 8, 2019
TPIC
Aug 8, 2019 | 09:24 EDT
Craig-Hallum analyst Eric Stine lowered his price target for TPI Composites to $31 from $37 after the company reported in-line Q2 revenues and an adjusted EPS beat, but lowered its 2019 EPS guidance and its 2020 outlook to account for a noticeable acceleration in transition activity for 2020 that is expected to continue through at least 2022. The analyst reiterates a Buy rating on the shares.
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