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Fly News Breaks for February 10, 2020
Feb 10, 2020 | 06:54 EDT
JMP Securities analyst Joseph Osha raised his price target on TPI Composites to $30 and kept his Outperform rating after its analyst meeting last week, saying the management has outlined its plans on becoming a more efficient and profitable company while operating in a "difficult environment". The analyst also cites the company's efforts to improve its competitive position, which warrant paying "higher multiples than previously" on TPI Composites shares.
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