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Piper Sandler Upgrades Ormat Technologies to Overweight with Target Price of $102

GEOTHERMAL

Ormat Technologies has received a significant upgrade from Piper Sandler, with analyst Derek Podhaizer raising the company's rating from neutral to overweight. The new price target of $102 reflects a 13.33% increase from the previous target of $90. This positive adjustment in sentiment indicates an optimistic outlook for Ormat's future performance, likely attracting investor interest and potentially influencing the stock's trajectory.

Sep 19, 2025, 8:09 AM

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