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Profire Energy price target raised to $2.50 from $2 at Dawson James

Dawson James raised the firm’s price target on Profire Energy to $2.50 from $2 and keeps a Buy rating on the shares. The “market share leader in burner management systems for oil and gas production” is expanding its addressable market with deployment of burner management systems for midstream and upstream applications, the analyst tells investors.

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