RBC Capital lowered the firm’s price target on Atlas Energy (AESI) to $21 from $25 and keeps an Outperform rating on the shares as part of a broader research note on Oil & Gas Equipment & Services. The stocks in the group have oversold in recent weeks as tariff and macro concerns have taken hold, though while the firm had previously anticipated a modest recovery into 2026, it now sees that scenario as less likely, the analyst tells investors in a research note. The firm adds that it is leaning relatively defensive toward stocks with backlog coverage, exposure to natural gas- directed activity, free cash flow differentiation, and limited balance sheet leverage.
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Read More on AESI:
- Atlas Energy management to meet with Stephens
- Atlas Energy Solutions: Strategic Growth and Efficiency Enhancements Drive Buy Rating
- Atlas Energy assumed with an Overweight at Piper Sandler
- Atlas Energy price target lowered to $18 from $24 at Citi
- Atlas Energy price target lowered to $19 from $23 at Barclays
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