Barclays analyst Eddie Kim lowered the firm’s price target on Atlas Energy (AESI) to $19 from $23 and keeps an Equal Weight rating on the shares following the Q4 report. The company’s 2025 EBITDA guidance “underwhelmed” despite on-track ramp up of Dune Express given challenged frac sand pricing, the analyst tells investors in a research note.
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Read More on AESI:
- Atlas Energy price target lowered to $25 from $28 at Benchmark
- Atlas Energy Solutions Reports Strong 2024 Results
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- Strategic Expansion and Financial Stability Drive Buy Rating for Atlas Energy Solutions
- Atlas Energy Solutions Announces $540M Refinancing Agreement
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