Raymond James analyst J.R. Weston lowered the firm’s price target on Solaris Energy (SEI) to $38 from $39 and keeps an Outperform rating on the shares. Solaris Energy’s latest newbuild order will allow it to compile a 1.7 GW gas turbine fleet, and Raymond James sees expanded opportunity as a first-mover in bespoke builds, competitive pricing and speed, and layered services, the analyst tells investors in a research note.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SEI:
- Solaris Energy price target lowered to $39 from $42 at Barclays
- Solaris Energy price target lowered to $41 from $45 at Stifel
- McDonald’s downgraded, Oracle upgraded: Wall Street’s top analyst calls
- Solaris Energy initiated with an Outperform at Raymond James
- Solaris Energy initiated with an Overweight at Barclays