
Sep 18, 2026
Array Technologies plunges as UBS downgrades, seeing less available cash for M&A (ARRY:NASDAQ)
Array Technologies (ARRY) stock plunged 7.2% following a downgrade from UBS, which moved the solar tracking manufacturer from Buy to Neutral and halved its price target from $10 to $5. UBS cited the company's preferred dividend payments through 2030 as a factor that will reduce available cash for future mergers and acquisitions.
Company relevance
100.00%
Company sentiment
Bearish
Overall sentiment
Bearish