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Broadwind Energy (BWEN) Receives a Buy from Craig-Hallum

Tipranks - Tipranks - Fri Mar 13, 8:34AM CDT

Craig-Hallum analyst Eric Stine maintained a Buy rating on Broadwind Energy today and set a price target of $3.00.

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Stine covers the Industrials sector, focusing on stocks such as Plug Power, Orion Energy Systems, and NuScale Power. According to TipRanks, Stine has an average return of 12.1% and a 39.92% success rate on recommended stocks.

In addition to Craig-Hallum, Broadwind Energy also received a Buy from Roth MKM’s Justin Clare in a report issued today. However, on the same day, TipRanks – xAI reiterated a Hold rating on Broadwind Energy (NASDAQ: BWEN).

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Based on Broadwind Energy’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $37.74 million and a GAAP net loss of $862 thousand. In comparison, last year the company earned a revenue of $33.57 million and had a GAAP net loss of $914 thousand

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