Enerflex price target raised to $25.50 from $16.75 at CIBC

CIBC raised the firm’s price target on Enerflex (EFXT) to $25.50 from $16.75 and keeps a Neutral rating on the shares. The firm says Q1 2026 results should carry an added catalyst for Engineered Systems bookings due to a previously announced data center project. CIBC believes the prospect of increasing revenues associated with power generation projects will drive an improved valuation metric for Enerflex moving forward. While the firm is optimistic on the outlook for Enerflex, CIBC is also cognizant that it continues to generate a meaningful amount of EBITDA from jurisdictions that carry higher levels of geopolitical risk.