EnerSys price target raised to $265 from $208 at Roth Capital

Roth Capital raised the firm’s price target on EnerSys (ENS) to $265 from $208 and keeps a Buy rating on the shares. EnerSys is a leading industrial energy storage solutions provider that is well positioned and uniquely suited to meet complex and evolving power challenges, the analyst tells investors in a research note, adding that innovation around secular trends of electrification, automation, and digitization should drive growth, with mix-shift, scale, and operational improvements supporting ramping profitability.