TPI Composites, Inc. (NASDAQ: TPIC) was featured in a recent equity research report published by ROTH Capital Partners LLC. The report reads, “Although impacts from COVID-19 remain unclear, we upgrade TPIC to Buy. Near-term, there may be downside potential, but—despite this—we believe investors should take advantage of the recent weakness in the stock to accumulate shares. We became incrementally more positive on TPIC at the recent analyst day, and looking ahead, we continue to like the company’s position within the industry and expect its earnings power to eventually reach a ~12% adjusted EBITDA margin. PT to $28 from $23.”
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About TPI Composites, Inc.
TPI Composites, Inc. is the only independent manufacturer of composite wind blades for the wind energy market with a global manufacturing footprint. TPI delivers high-quality, cost-effective composite solutions through long-term relationships with leading OEMs in the wind and transportation markets. TPI is headquartered in Scottsdale, Arizona and operates factories in the U.S., China, Mexico, Turkey and India. TPI operates additional engineering development centers in Denmark and Germany.
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