Tetra Technologies price target raised to $9 from $6.50 at Stifel

Stifel analyst Stephen Gengaro raised the firm’s price target on Tetra Technologies (TTI) to $9 from $6.50 and keeps a Buy rating on the shares. Given the firm’s rising confidence in Eos Energy’s (EOSE) ability to ramp production and its initiation of 2027 forecasts, the firm is now valuing Tetra using its 2027 projections, which include “robust growth” from customer Eos, the analyst tells investors.