Consolidated Water price target raised to $40 from $38 at Roth Capital

Roth Capital raised the firm’s price target on Consolidated Water (CWCO) to $40 from $38 and keeps a Buy rating on the shares after its Q2 earnings beat. All of the company’s segments are performing well, with the the legacy desalination business providing a steady, high value and predictable platform, the analyst tells investors in a research note. The Kalaeloa, Hawaii desalination plant should also be a significant value driver in 2026-27 for the Service business, the firm added.