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BlackRock Adds Stake in Tigo Energy as Analysts Reassess TYGO

BlackRock logoBlackRock
Sig1.41Sen+1.08Env+0.30Soc+0.08Gov0.00
Tigo Energy logoTigo Energy
Sig1.35Sen-0.90Env0.00Soc0.00Gov0.00

BlackRock acquired a new stake in Tigo Energy, with additional purchases reported from Walleye Capital and JPMorgan Chase. Scientech Research also bought a position. The company posted earnings on August 4, and analysts adjusted views, including a cut from hold to sell and a lower price target by HC Wainwright.

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