CES Energy Solutions price target raised to C$5.85 from C$5.30 at Scotiabank

Scotiabank analyst Jonathan Goldman raised the firm’s price target on CES Energy Solutions to C$5.85 from C$5.30 and keeps an Outperform rating on the shares. The company continues to deliver strong operating performance that surpass expectations, the analyst tells investors. Given the enhancements in the business over the past few years and secular tailwinds, the firm believes shares should trade at a premium.