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.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
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