Array Technologies Inc. (ARRY), a leading manufacturer of solar tracking systems, saw its stock soar 6.91% in pre-market trading on Monday. This significant uptick comes on the heels of a notable analyst upgrade, signaling strong investor confidence in the company's prospects.

The primary driver behind this surge is Seaport Research's decision to upgrade Array Technologies from Neutral to Buy. Analyst Tom Curran not only raised the rating but also set an optimistic price target of $12 for the stock. This bullish stance from a respected market analyst has evidently sparked enthusiasm among investors, leading to the sharp pre-market rise.

While specific details about the rationale behind the upgrade were not immediately available, such moves typically reflect an analyst's positive outlook on a company's financial health, market position, or growth potential. The solar energy sector, in which Array Technologies operates, has been gaining increasing attention as global efforts to transition to renewable energy sources intensify. This upgrade may suggest that Seaport Research sees Array Technologies as well-positioned to capitalize on these industry trends. Investors and market watchers will likely be keen to see if this pre-market momentum carries through the regular trading session and whether additional analyst commentary emerges to further explain the bullish outlook on Array Technologies.