Enerpac Tool price target raised to $51 from $48 at Roth Capital

Roth Capital raised the firm’s price target on Enerpac Tool (EPAC) to $51 from $48 and keeps a Buy rating on the shares. Roth is impressed with Enerpac’s ability to navigate the challenging macro environment while simultaneously focusing on improving efficiencies across its global business, the analyst tells investors in a research note. As the macro environment improves, the company should be able to drive meaningful financial performance, Roth says.