Seaport Research raised the firm’s price target on Energy Recovery (ERII) to $23 from $17 and keeps a Buy rating on the shares. While CO2 refrigeration has performed as expected, original equipment manufacturer uptake is a year behind prior expectations, the analyst tells investors.
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Read More on ERII:
- Energy Recovery’s Earnings Call Highlights Growth Amid Challenges
- Energy Recovery price target raised to $16 from $14 at B. Riley
- Energy Recovery’s Q3 2025 Financial Performance Overview
- Energy Recovery reports Q3 EPS 12c, consensus 10c
- Energy Recovery affirms FY25 revenue view $147M-$159M, consensus $151.28M