tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Atlas Energy price target raised to $25 from $23 at RBC Capital

RBC Capital raised the firm’s price target on Atlas Energy to $25 from $23 and keeps an Outperform rating on the shares. The company’s Q4 results were overshadowed by the acquisition of Hi-Crush, though the firm believes the $450M acquisition enhances Atlas’ investment proposition, which includes an attractive mix of longer-term revenue growth and healthy margins, the analyst tells investors in a research note.

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

See today’s best-performing stocks on TipRanks >>

Read More on AESI:

Disclaimer & DisclosureReport an Issue

1