Aris Water Solutions price target raised to $14 from $13 at Citi

Citi analyst Spiro Dounis raised the firm’s price target on Aris Water Solutions to $14 from $13 and keeps a Buy rating on the shares. The analyst cites positive cash flow impacts from the company’s guidance for the target increase. Aris appears to have capacity to nearly triple the distribution with excess cash flow, the analyst tells investors in a research note.