Ads-Tec Energy price target raised to $18 from $14 at Roth MKM, buy on weakness

Roth MKM raised the firm’s price target on Ads-Tec Energy (ADSE) to $18 from $14 and keeps a Neutral rating on the shares. Ads-Tec’s preliminary results for the second half of 2024 point to rising business momentum heading into 2026 with an expanded business model and proactive customer solutions to mitigate risks and resolve revenue stickiness issues, the analyst tells investors in a research note. The firm recommends opportunistically buying shares on any weakness.