Azure Power Global (AZRE) Raised to Strong-Buy at Zacks Investment Research

Zacks Investment Research upgraded shares of Azure Power Global (NYSE:AZRE) from a hold rating to a strong-buy rating in a report published on Monday, January 8th. The brokerage currently has $18.00 target price on the energy company’s stock.

According to Zacks, “Azure Power Global Limited is a producer and developer of solar energy. The Company’s services include design, engineering and construction of grid integrated solar installations; off grid solar installations for villages, hamlets and remote areas; turnkey solar installations for commercial and residential complexes on roof tops, as back up and alternate source, and operation and maintenance of solar installations. Azure Power Global Limited is based in New Delhi, India. “

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