Aris Water Solutions price target raised to $16 from $15 at Seaport Research

Seaport Research analyst Jeff Campbell raised the firm’s price target on Aris Water Solutions to $16 from $15 and keeps a Buy rating on the shares. While the company will likely show “miniscule” volume growth in 2024, the focus will be on continued margin improvement and free cash generation, the analyst tells investors in a research note.