Montauk Renewables price target lowered to $3.50 from $4 at Clear Street

Clear Street lowered the firm’s price target on Montauk Renewables (MNTK) to $3.50 from $4 and keeps a Buy rating on the shares. The company reported mixed Q4 results with 57% revenue growth, an EBITDA margin miss, and higher-than-expected cash burn due to working capital, which should reverse in Q1, the analyst tells investors in a research note. Despite upbeat 2026 guidance, the firm lowered its price target to reflect the lower historical trading multiple since its prior publication, as well as high debt leverage dude to CapEx.