Barclays lowered the firm’s price target on Atlas Energy (AESI) to $8 from $11 and keeps an Underweight rating on the shares. The firm sys the company’s framework agreement with Caterpillar puts it at the “same table as other distributed power peers.”
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Read More on AESI:
- Atlas Energy Solutions: Compelling Long-Term Power Growth Optionality Tempered by Near-Term Financial Uncertainty (Hold Rating Maintained)
- Atlas Energy Secures Long-Term Power Capacity with Caterpillar
- Atlas Energy enters global framework agreement with Caterpillar
- Atlas Energy Earnings Call Highlights Power Pivot
- Atlas Energy price target raised to $9 from $8 at Goldman Sachs