Orion Energy price target adjusted to $20 at H.C. Wainwright after reverse split

H.C. Wainwright adjusted the firm’s price target on Orion Energy (OESX) to $20 from $2 and keeps a Buy rating on the shares to reflect the 1-for-10 reverse-split completed in August. The firm, which believes that Orion stands to benefit from the current administration’s focus on American manufacturing, maintains a Buy rating.