Alert: Major Price Advance (6/5/24)-Broadwind Inc (NASDAQ: BWEN).

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Broadwind Inc (NASDAQ: BWEN) stock closed at $3.94 on 6/5/24 after a major increase of 10.1%. Moreover, unusually high trading volume at 153% of normal accompanied the advance. The stock has been weak relative to the market over the last nine months and has declined -10.9% during the last week.

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Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to be above the cost of capital, BWEN is expected to continue to be a modest Value Builder.

Broadwind has a current Value Trend Rating of F (Lowest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. Broadwind has a slightly negative Appreciation Score of 36 and a poor Power Rating of 18, and the Lowest Value Trend Rating results.

Rating Review

In light of this very positive price change we are reviewing our current Overall Rating of F. This review will be completed in the next several days.

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