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TPI Composites (NASDAQ:TPIC) target price raised to $20.00, reported today by Canaccord Genuity

Having a price of $17.87, TPI Composites (NASDAQ:TPIC) traded 6.13% higher on the day. With the last stock close up 14.94% relative to the 200-day moving average, compared to the Standard & Poor’s 500 Index which has fallen -0.01% over the date range. TPIC has registered a 50-day moving average of $17.38 and 200-day average of $17.17. Trade volume was was up over the average, with 627,894 shares of TPIC changing hands over the typical 377,819 shares.

In an issued report on 8/16/2016 Canaccord Genuity raised the target price of TPI Composites (NASDAQ:TPIC) from $0 to $20 indicating a possible upsideof 0.12%.

Recent Performance Chart:

TPI Composites (NASDAQ:TPIC)

TPI Composites has a price-earnings of 6 with a 52 week low of $11.31 and a one-year high of $21.45 and has a total market value of $0.0.

General Information About TPI Composites (NASDAQ:TPIC)

TPI Composites, Inc. (TPI) is a United States-based company engaged in manufacturing wind blades, and related precision molding and assembly systems. The Company operates through four geographic operating segments: the United States, Asia, Mexico and Europe, the Middle East and Africa (EMEA). The United States segment includes the manufacturing of wind blades at its Newton, Iowa plant; the manufacturing of precision molding and assembly systems used for the manufacture of wind blades, and the manufacturing of composite solutions for the transportation industry. The Asia segment includes the manufacturing of wind blades in facilities in Taicang Port, China and over two in Dafeng, China; the manufacturing of precision molding and assembly systems in its Taicang City, China facility, and wind blade inspection and repair services. The Mexico segment manufactures wind blades from a facility in Juarez, Mexico. The EMEA segment manufactures wind blades from a facility in Izmir, and Turkey.

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