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Tigo Energy (NASDAQ:TYGO) Stock Rating Upgraded by Wall Street Zen
Wall Street Zen has upgraded Tigo Energy (NASDAQ:TYGO) stock from a “hold” to a “buy” rating. Despite reporting better-than-expected quarterly earnings, the company still faces negative net margins and return on equity, with analysts forecasting a negative EPS for the current year. Institutional investors have recently adjusted their positions in the company, which specializes in module-level power electronics for solar systems.